6628 Fair Oaks DrWataugaTX76148
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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 6628 Fair Oaks Dr, Watauga, TX, 76148 earns $118/mo cash flow from $2,145/mo rent with a $1,395/mo payment. Total monthly income totals $2,145/mo, and annual cash flow totals $1,419/yr on $94,478 capital. ROI tracks 21.41% on current figures, and rental yield reads 9.03% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 112.14% and total cumulative return in cash sums $105,942. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,145/mo property income instead of your personal income.
Single Family
Built in 1982
7,318 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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