7413 Rhonda CtWataugaTX76148
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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 7413 Rhonda Ct, Watauga, TX, 76148 uses $99,119 cash to close to unlock $4,357/yr annual cash flow and $363/mo monthly cash flow. Total monthly income runs $2,668/mo, and a $1,463/mo payment keeps the spread at $363/mo. Purchase price stands at $299,000, and rental yield measures 10.71% with $2,668/mo rent. Return on cash invested shows 24.3% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 128.45% and total cumulative return in cash records $127,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,668/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.29 Acres 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: Carina Smith • Bray Real Estate-Ft Worth
Mls Name: NTREIS
Mls ID: #21027277
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.