6921 Constitution 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
Rental property for sale in Watauga at 6921 Constitution Dr, Watauga, TX, 76148 priced at $256,500 pairs $2,096/mo rent with $272/mo cash flow after a $1,255/mo payment. Total monthly income equals $2,096/mo, and annual cash flow comes to $3,269/yr on $85,030 invested. Return on cash invested is 23.75% in year one, and rental yield stands at 9.81% on a $256,500 basis. Equity gained on principal adds $1,655/yr, and 5% annual appreciation accumulates to $70,866 by year five. Five-year ROI measures 124.68% and total cumulative return in cash reaches $106,019. For financing, Ziffy Mortgage’s DSCR program evaluates $2,096/mo property income against a $1,255/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
7,013 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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Listed by: Delane Miles • Lacy Real Estate
Mls Name: NTREIS
Mls ID: #20870964
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.