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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 6804 Mickey Dr, Watauga, TX, 76148 priced at $245,000 pairs $3,240/mo rent with $1,370/mo cash flow after a $1,199/mo payment. Total monthly income equals $3,240/mo, and annual cash flow comes to $16,444/yr on $81,218 invested. Return on cash invested is 40.16% in year one, and rental yield stands at 15.87% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 213.34% and total cumulative return in cash reaches $173,268. For financing, Ziffy Mortgage’s DSCR program evaluates $3,240/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
6,882 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 |
|---|---|---|
| 2024-08-14 | Price change | $245,000 |
| 2024-08-07 | Price change | $274,999 |
| 2024-07-22 | Price change | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $5597.27 | 12.97% | $246,091 | 20.62% |
| 2022-08-15 | $4954.75 | 24.55% | $204,017 | 28.31% |
| 2021-08-15 | $3978.18 | -1.86% | $159,000 | N/A |
Listed by: Jourdan Duke • Swingle & Co. Realty
Mls Name: NTREIS
Mls ID: #20640385
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.
