1037 Wellington LnWichita FallsTX76305
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wichita Falls at 1037 Wellington Ln, Wichita Falls, TX, 76305 at $170,000 posts ROI 26.58% with $313/mo cash flow from $1,522/mo rent. Total monthly income equals $1,522/mo, and annual cash flow records $3,758/yr on $56,355 to close. Return on cash invested measures 26.58% and rental yield reads 10.74% at the current $170,000. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 by year five. Five-year ROI prints 139.87% and total cumulative return in cash totals $78,825.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,522/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76305, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,262 (100%) |
| Owner Occupied HU | 1,581 (69.9%) |
| Renter Occupied HU | 481 (21.3%) |
| Vacant Housing Units | 200 ( 8.8%) |
| Median Home Value | $224,437 |
| Average Home Value | $278,651 |
Housing Distribution
Address Breakdown
Residential
2,354
Single Family
2,180
Multi-Family
174
Businesses
122
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Nearby investment properties with comparable prices
Listed by: STEPHANIE HURLEY • 940 Realty
Mls Name: WFAR
Mls ID: #180653