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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 Watauga at 6653 N Park Dr, Watauga, TX, 76148 generates $2,329/mo in rent and, after a $1,517/mo payment, leaves $27/mo in cash flow. Total monthly income is $2,329/mo, and annual cash flow is $320/yr on $102,765 invested. Return on cash invested sits at 20.22% in year one, and rental yield is 9.02% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 106.15% and total cumulative return in cash sums $109,087. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,329/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
7,927 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 |
|---|---|---|
| 2024-10-16 | Price change | $310,000 |
| 2024-10-09 | Price change | $318,000 |
| 2024-09-30 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $6323.03 | 4.56% | $278,000 | 11.65% |
| 2022-10-23 | $6047.21 | 7.41% | $249,000 | 10.65% |
| 2021-10-23 | $5630.18 | 16.24% | $225,027 | 18.44% |
Listed by: Robert Salyers • Keller Williams Legacy
Mls Name: NTREIS
Mls ID: #20678956
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.
