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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Watauga at 5740 Greenfield Dr, Watauga, TX, 76148 offers $2,333/mo rent that, after a $1,395/mo payment, leaves $243/mo cash flow. Total monthly income is $2,333/mo, and annual cash flow is $2,914/yr on $94,478 cash. Return on cash invested measures 22.99% in year one, and rental yield stands at 9.82% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 120.89% and total cumulative return in cash reaches $114,210. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,333/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
7,535 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76148, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,026 (100%) |
| Owner Occupied HU | 6,370 (70.6%) |
| Renter Occupied HU | 2,444 (27.1%) |
| Vacant Housing Units | 212 ( 2.3%) |
| Median Home Value | $279,490 |
| Average Home Value | $350,876 |
Residential
8,430
Single Family
8,396
Multi-Family
34
Businesses
671
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $5491.90 | 4.98% | $244,000 | 6.09% |
| 2023-04-03 | $5231.28 | 1.61% | $230,000 | 8.49% |
| 2022-04-03 | $5148.63 | 24.56% | $212,000 | 28.32% |
Listed by: Mike Ziober • BHHS Premier Properties
Mls Name: NTREIS
Mls ID: #20889638
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
