1079 Trout RdWichita FallsTX76305
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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 Wichita Falls at 1079 Trout Rd, Wichita Falls, TX, 76305 with 5% annual appreciation on a $530,000 basis while $2,952/mo rent supports operations. 44% in year one. Equity gained on principal adds $3,420/yr, and five-year appreciation sums $146,429 alongside rental yield of 6.68%. Five-year ROI measures 74.71% and total cumulative return in cash totals $130,267. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,952/mo property income versus a $2,594/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
10 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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Listed by: Keely Rawson • Texas Hunting Land, LLC
Mls Name: NTREIS
Mls ID: #20796664
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.