111 S Houston StWolfe CityTX75496
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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 Wolfe City at 111 S Houston St, Wolfe City, TX, 75496 offers a 12.36% rental yield on a $175,000 purchase with $1,802/mo rent. Total monthly income registers $1,802/mo, and a $857/mo payment leaves $557/mo available for distribution. Annual cash flow reaches $6,685/yr on $58,013 to close, and return on cash invested stands at 31.43% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 165.93% and total cumulative return in cash at $96,259. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,802/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75496, Wolfe City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,591 (100%) |
| Owner Occupied HU | 1,101 (69.2%) |
| Renter Occupied HU | 332 (20.9%) |
| Vacant Housing Units | 158 ( 9.9%) |
| Median Home Value | $280,500 |
| Average Home Value | $457,754 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,369
Multi-Family
0
Businesses
82
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Listed by: Christian Padilla • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20708985
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.