1101 Ireland StWichita FallsTX76301
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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 1101 Ireland St, Wichita Falls, TX, 76301 offers a 9.16% rental yield on a $109,900 purchase with $839/mo rent. Total monthly income registers $839/mo, and a $538/mo payment leaves $57/mo available for distribution. Annual cash flow reaches $689/yr on $36,432 to close, and return on cash invested stands at 21.8% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 114.27% and total cumulative return in cash at $41,632. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $839/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76301, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,955 (100%) |
| Owner Occupied HU | 3,189 (40.1%) |
| Renter Occupied HU | 3,144 (39.5%) |
| Vacant Housing Units | 1,622 (20.4%) |
| Median Home Value | $79,555 |
| Average Home Value | $138,046 |
Housing Distribution
Address Breakdown
Residential
7,165
Single Family
6,308
Multi-Family
857
Businesses
1,412
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Listed by: ZITA JOHNSTON • Paramount Real Estate Services
Mls Name: WFAR
Mls ID: #180548