6425 Grasshopper DrWataugaTX76148
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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
Investment property for sale in Watauga at 6425 Grasshopper Dr, Watauga, TX, 76148 uses $91,163 cash to close to unlock $3,258/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $2,338/mo, and a $1,346/mo payment keeps the spread at $272/mo. Purchase price stands at $275,000, and rental yield measures 10.2% with $2,338/mo rent. Return on cash invested shows 23.48% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 123.77% and total cumulative return in cash records $112,835. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,338/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1983
6,011 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
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Listed by: Aracely Aguilar • Monument Realty
Mls Name: NTREIS
Mls ID: #20997689
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.