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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% |
Investment property for sale in Watauga at 6452 Westridge Dr, Watauga, TX, 76148 offers a 15.36% rental yield on a $275,000 purchase with $3,520/mo rent. Total monthly income registers $3,520/mo, and a $1,346/mo payment leaves $1,498/mo available for distribution. Annual cash flow reaches $17,973/yr on $91,163 to close, and return on cash invested stands at 39.62% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 210.1% and total cumulative return in cash at $191,531. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,520/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
8,973 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 |
|---|---|---|
| 2024-08-31 | Listed for sale | $275,000 |
| 2024-08-29 | Listing removed | N/A |
| 2024-07-26 | Price change | $2,025 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-04 | N/A | N/A | $270,261 | 21.98% |
| 2022-09-04 | $5365.45 | 6.33% | $221,557 | 10.12% |
| 2021-09-04 | $5046.22 | 13.23% | $201,205 | 15.74% |
Listed by: Heidi Ferrell • JPAR Grapevine West
Mls Name: NTREIS
Mls ID: #20717594
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.
