6617 Starnes Rd, Watauga, TX, 76148 | 7.86% Rental Yield

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6617 Starnes Rd, Watauga, TX, 76148 | 7.86% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Watauga at 6617 Starnes Rd, Watauga, TX, 76148 earns from $2,358/mo rent with a $1,762/mo payment. Total monthly income totals $2,358/mo. ROI tracks 17.88% on current figures, and rental yield reads 7.86% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 93.15% and total cumulative return in cash sums $111,165. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,358/mo property income instead of your personal income.

Single Family

Built in 1977

7,666 sqft lot

$N/A/sqft

No HOA

More details about the property

This beautifully updated home is move-in ready and packed with modern upgrades! Step inside to discover an open-concept living area with a fireplace and a custom accent wall. The kitchen is a true showstopper - complete with stainless steel appliances, granite countertops, pot filler, wine cooler, pantry, and soft-close cabinets and drawers. The spacious primary suite has a custom accent wall that adds a designer touch and a spacious walk-in closet. A stylish barn door leads to the utility room with sink, and the washer and dryer convey. LVP throughout the home and there are two storage sheds in the backyard that provide an abundance of extra storage space. This must see home is located across from Foster Village Park and is just minutes from 820 and 377.

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