1005 E Wichita StHenriettaTX76365
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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 Henrietta at 1005 E Wichita St, Henrietta, TX, 76365 uses $51,383 cash to close to unlock $7,061/yr annual cash flow and $588/mo monthly cash flow. Total monthly income runs $1,691/mo, and a $759/mo payment keeps the spread at $588/mo. Purchase price stands at $155,000, and rental yield measures 13.09% with $1,691/mo rent. Return on cash invested shows 33.65% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 177.78% and total cumulative return in cash records $91,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,691/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1960
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76365, Henrietta, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,557 (100%) |
| Owner Occupied HU | 1,604 (62.7%) |
| Renter Occupied HU | 453 (17.7%) |
| Vacant Housing Units | 500 (19.6%) |
| Median Home Value | $148,897 |
| Average Home Value | $210,296 |
Housing Distribution
Address Breakdown
Residential
2,208
Single Family
2,110
Multi-Family
98
Businesses
160
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Listed by: Penny Riordan • Anchored Realty
Mls Name: NTREIS
Mls ID: #20729515
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.