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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% |
Investment property for sale in Watauga at 6720 Summit Ridge Dr, Watauga, TX, 76148 with 5% annual appreciation on a $265,000 basis while $2,358/mo rent supports operations. Total monthly income totals $2,358/mo and a $1,297/mo payment preserves $469/mo for cash returns. Annual cash flow comes to $5,627/yr on $87,848 deployed, and return on cash invested reaches 26.31% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 10.68%. Five-year ROI measures 138.42% and total cumulative return in cash totals $121,599.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,358/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
7,274 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 |
|---|---|---|
| 2025-05-08 | Listed for sale | $265,000 |
| 2023-02-10 | Sold | N/A |
| 2023-01-25 | Pending sale | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $4453.53 | 75.42% | $259,900 | 37.96% |
| 2023-05-08 | $2538.72 | -20.39% | $188,391 | 22.53% |
| 2022-05-08 | $3188.99 | 1.83% | $153,754 | 10.99% |
Listed by: Angela Wadsworth • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20919880
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.
