Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 6340 N Park Dr, Watauga, TX, 76148 priced at $299,000 converts $2,358/mo rent into $232/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,358/mo, and annual cash flow totals $2,787/yr on $99,119 invested. Return on cash invested prints 22.72% in year one, and rental yield reads 9.46% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 119.16% and total cumulative return in cash sums $118,114. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,358/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1986
8,581 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 |
|---|---|---|
| 2025-04-14 | Listed for sale | $299,000 |
| 2022-06-23 | Sold | N/A |
| 2022-06-16 | Pending sale | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $4410.29 | N/A | $266,567 | -5.70% |
| 2023-04-14 | N/A | N/A | $282,693 | 18.47% |
| 2022-04-14 | $4092.09 | 2.40% | $238,624 | 17.09% |
Listed by: Lalit Thakkar • Fathom Realty
Mls Name: NTREIS
Mls ID: #20902797
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.
