7708 Partridge 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 7708 Partridge Dr, Watauga, TX, 76148 priced at $381,900 converts $2,992/mo rent into $276/mo cash flow after a $1,869/mo obligation. Total monthly income equals $2,992/mo, and annual cash flow totals $3,318/yr on $126,600 invested. Return on cash invested prints 22.53% in year one, and rental yield reads 9.4% against a $381,900 entry. Equity gained on principal adds $2,464/yr, while 5% annual appreciation compiles into $105,512 by year five. Five-year ROI reaches 118.11% and total cumulative return in cash sums $149,529. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,992/mo property income covering a $1,869/mo payment, not borrower’s personal income.
Single Family
Built in 1986
6,882 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: Suja Singh • Halo Group Realty, LLC
Mls Name: NTREIS
Mls ID: #20950084
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.