938 Austin CtWeatherfordTX76086
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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 Weatherford at 938 Austin Ct, Weatherford, TX, 76086 priced at $749,000 converts $1,696/mo rent into after a $3,666/mo obligation. Total monthly income equals $1,696/mo. Return on cash invested prints 2.38% in year one, and rental yield reads 2.72% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 10.03% and total cumulative return in cash sums $24,724. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,696/mo property income covering a $3,666/mo payment, not borrower’s personal income.
Multi Family
Built in 1998
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76086, Weatherford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,406 (100%) |
| Owner Occupied HU | 4,571 (48.6%) |
| Renter Occupied HU | 4,211 (44.8%) |
| Vacant Housing Units | 624 ( 6.6%) |
| Median Home Value | $269,393 |
| Average Home Value | $302,218 |
Housing Distribution
Address Breakdown
Residential
9,288
Single Family
8,214
Multi-Family
1,074
Businesses
1,986
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Listed by: Tyler Pincock • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20838952
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.