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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 Fort Worth at 6408 Waverly Way, Fort Worth, TX, 76116 priced at $399,000 converts $2,719/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,719/mo. Return on cash invested prints 16.33% in year one, and rental yield reads 8.18% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 85.78% and total cumulative return in cash sums $113,462. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,719/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 1952
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76116, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,108 (100%) |
| Owner Occupied HU | 8,432 (33.6%) |
| Renter Occupied HU | 14,659 (58.4%) |
| Vacant Housing Units | 2,017 ( 8.0%) |
| Median Home Value | $366,259 |
| Average Home Value | $466,167 |
Residential
23,925
Single Family
13,115
Multi-Family
10,810
Businesses
1,943
Date | Event | Price |
|---|---|---|
| 2025-05-24 | Listed for sale | $399,000 |
| 2025-04-08 | Listing removed | $439,998 |
| 2025-03-11 | Price change | $439,998 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-24 | $9940.40 | 4.60% | $443,000 | 5.48% |
| 2023-05-24 | $9503.63 | 10.78% | $420,000 | 27.27% |
| 2022-05-24 | $8578.68 | -0.27% | $330,000 | 3.13% |
Listed by: Trey Freeze • Williams Trew Real Estate
Mls Name: NTREIS
Mls ID: #20945856
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.
