6717 Red Rock TrlWataugaTX76137
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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 6717 Red Rock Trl, Watauga, TX, 76137 earns $2/mo cash flow from $2,471/mo rent with a $1,640/mo payment. Total monthly income totals $2,471/mo, and annual cash flow totals $22/yr on $111,053 capital. ROI tracks 19.93% on current figures, and rental yield reads 8.85% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 104.5% and total cumulative return in cash sums $116,048. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,471/mo property income instead of your personal income.
Single Family
Built in 2002
6,054 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76137, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,589 (100%) |
| Owner Occupied HU | 12,881 (54.6%) |
| Renter Occupied HU | 9,566 (40.6%) |
| Vacant Housing Units | 1,142 ( 4.8%) |
| Median Home Value | $329,314 |
| Average Home Value | $353,880 |
Housing Distribution
Address Breakdown
Residential
22,777
Single Family
15,251
Multi-Family
7,526
Businesses
803
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Listed by: Chandler Crouch • Chandler Crouch, REALTORS
Mls Name: NTREIS
Mls ID: #20914767
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.