5816 Hickoryhill RdWataugaTX76148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Watauga at 5816 Hickoryhill Rd, Watauga, TX, 76148 offers a 10.29% rental yield on a $436,900 purchase with $3,746/mo rent. Total monthly income registers $3,746/mo, and a $2,138/mo payment leaves $640/mo available for distribution. Annual cash flow reaches $7,674/yr on $144,832 to close, and return on cash invested stands at 25.21% in year one. Equity gained on principal adds $2,819/yr while 5% annual appreciation supports $120,707 over five years. Portfolio math shows five-year ROI at 132.47% and total cumulative return in cash at $191,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,746/mo property income against a $2,138/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76148, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,430
Single Family
8,396
Multi-Family
34
Businesses
671
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices