6432 Melinda CtWataugaTX76148
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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 6432 Melinda Ct, Watauga, TX, 76148 listed at $284,500 pairs $2,250/mo rent with a $1,392/mo payment to leave $145/mo cash flow. Total monthly income runs $2,250/mo, and annual cash flow reaches $1,738/yr on $94,312 cash to close. Return on cash invested measures 21.75% in year one, and rental yield registers 9.49% at a $284,500 basis. Equity gained on principal adds $1,836/yr, and annual property appreciation at 5% supports $78,602 by year five. Five-year ROI tracks 114.32% and total cumulative return in cash totals $107,813. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,250/mo property income relative to a $1,392/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
9,321 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: Becky Zeng • JABE Real Estate
Mls Name: NTREIS
Mls ID: #20947627
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.