Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 6505 Lampe Dr, Watauga, TX, 76148 listed at $290,000 pairs $3,378/mo rent with a $1,419/mo payment to leave $1,188/mo cash flow. Total monthly income runs $3,378/mo, and annual cash flow reaches $14,257/yr on $96,135 cash to close. Return on cash invested measures 34.74% in year one, and rental yield registers 13.98% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 184.2% and total cumulative return in cash totals $177,076. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,378/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
6,926 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 |
|---|---|---|
| 2024-08-05 | Listed for sale | $290,000 |
| 2021-07-19 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $6351.66 | 5.48% | $279,259 | 12.63% |
| 2022-08-14 | $6021.41 | 117.16% | $247,938 | 22.15% |
| 2021-08-14 | $2772.80 | 1.41% | $202,979 | 5.93% |
Listed by: Jose Landaverde • United Real Estate
Mls Name: NTREIS
Mls ID: #20693693
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.
