1103 Wellington LnWichita FallsTX76305
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1103 Wellington Ln, Wichita Falls, TX, 76305 in Wichita Falls is narrow, $97/mo net on $891/mo rent after the $519/mo debt service, but the property operates at break-even-plus, not a loss. At $115,500 with a 9.54% yield, the long-run equity case via 5% appreciation ($31,911 over five years) and $1,064/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.72 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $48,751.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $97 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $891 |
| Total Monthly Debt Service | $775 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1946
N/A 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
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
Single Family
Built in 1946
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Hein • Century 21 Gold Coat Realtors
Mls Name: WFAR
Mls Provider:
Mls ID: #178278
Disclaimer: The data relating to real estate for sale on this website comes in part from the Wichita Falls Association of REALTORS Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX logo and detailed information about them includes the name of the listing Participant and listing agent(s). All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), Zillow, Inc nor Wichita Falls Association of REALTORS Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright 2025, the Wichita Falls Association of REALTORS Multiple Listing Service, all rights reserved.