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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 6460 Waverly Way, Fort Worth, TX, 76116 offers $2,580/mo rent that, after a $3,353/mo payment. Total monthly income is $2,580/mo. Return on cash invested measures 7.52% in year one, and rental yield stands at 4.52% at a $685,000 entry. Equity gained on principal adds $4,420/yr while 5% annual appreciation compounds into $189,253 by year five. Five-year ROI records 37.71% and total cumulative return in cash reaches $84,982. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,580/mo property income versus a $3,353/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.29 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 |
|---|---|---|
| 2024-08-16 | Listed for sale | $685,000 |
| 2024-05-04 | Listing removed | N/A |
| 2024-04-12 | Listed for sale | $698,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $12143.49 | 18.86% | $536,665 | 36.55% |
| 2022-08-30 | $10216.87 | -3.63% | $393,017 | -0.35% |
| 2021-08-30 | $10601.85 | 15.62% | $394,414 | 17.99% |
Listed by: Wendy Tockey • Douglas Elliman Real Estate
Mls Name: NTREIS
Mls ID: #20707714
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.
