6140 Bursey RdWataugaTX76148
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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
Rental property for sale in Watauga at 6140 Bursey Rd, Watauga, TX, 76148 priced at $381,885 pairs $2,358/mo rent with after a $1,869/mo payment. Total monthly income equals $2,358/mo. Return on cash invested is 16.52% in year one, and rental yield stands at 7.41% on a $381,885 basis. Equity gained on principal adds $2,464/yr, and 5% annual appreciation accumulates to $105,508 by year five. Five-year ROI measures 85.89% and total cumulative return in cash reaches $108,736. For financing, Ziffy Mortgage’s DSCR program evaluates $2,358/mo property income against a $1,869/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A 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
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