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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 8209 Grayson Way, Watauga, TX, 76148 priced at $385,000 converts $4,181/mo rent into $1,412/mo cash flow after a $1,884/mo obligation. Total monthly income equals $4,181/mo, and annual cash flow totals $16,944/yr on $127,628 invested. Return on cash invested prints 33.19% in year one, and rental yield reads 13.03% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 175.39% and total cumulative return in cash sums $223,846. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,181/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 2007
6,882 sqft lot
$N/A/sqft
$379 annually 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 |
|---|---|---|
| 2024-08-13 | Price change | $385,000 |
| 2024-07-14 | Price change | $399,000 |
| 2024-06-27 | Listed for sale | $409,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $4514.12 | -7.75% | $387,387 | 26.32% |
| 2022-08-15 | $4893.10 | 1.17% | $306,662 | 21.67% |
| 2021-08-15 | $4836.53 | -0.04% | $252,054 | -0.37% |
Listed by: Scott Macarthur • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20628164
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.
