1208 Tyler StWichita FallsTX76309
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
Rental property for sale in Wichita Falls at 1208 Tyler St, Wichita Falls, TX, 76309 generates $1,337/mo in rent and, after a $675/mo payment, leaves $356/mo in cash flow. Total monthly income is $1,337/mo, and annual cash flow is $4,273/yr on $45,747 invested. Return on cash invested sits at 29.25% in year one, and rental yield is 11.63% on a $138,000 entry. Equity gained on principal adds $890/yr, while 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 154.23% and total cumulative return in cash sums $70,554. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,337/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76309, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,295 (100%) |
| Owner Occupied HU | 3,316 (52.7%) |
| Renter Occupied HU | 2,072 (32.9%) |
| Vacant Housing Units | 907 (14.4%) |
| Median Home Value | $173,910 |
| Average Home Value | $207,725 |
Housing Distribution
Address Breakdown
Residential
6,051
Single Family
5,369
Multi-Family
682
Businesses
283
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Listed by: Lisa Martin • Paramount Real Estate Services
Mls Name: WFAR
Mls Provider:
Mls ID: #175739
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