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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 6062 Shadydale Ct, Watauga, TX, 76148 offers $2,322/mo rent that, after a $1,346/mo payment, leaves $366/mo cash flow. Total monthly income is $2,322/mo, and annual cash flow is $4,397/yr on $91,163 cash. Return on cash invested measures 24.73% in year one, and rental yield stands at 10.13% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 129.93% and total cumulative return in cash reaches $118,451. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,322/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
9,147 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $275,000 |
| 2019-07-19 | Sold | N/A |
| 2019-06-30 | Pending sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $3521.97 | 2.42% | $217,104 | -16.13% |
| 2023-04-24 | $3438.64 | -15.67% | $258,857 | 21.57% |
| 2022-04-24 | $4077.74 | 2.87% | $212,923 | 23.93% |
Listed by: Micah Young • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20902408
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.
