1231 Bandera BlvdWichita 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 1231 Bandera Blvd, Wichita Falls, TX, 76301 earns $199/mo cash flow from $1,229/mo rent with a $709/mo payment. Total monthly income totals $1,229/mo, and annual cash flow totals $2,386/yr on $48,034 capital. ROI tracks 24.88% on current figures, and rental yield reads 10.18% at a $144,900 purchase. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 over five years. Five-year ROI reaches 130.71% and total cumulative return in cash sums $62,785. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,229/mo property income instead of your personal income.
Single Family
Built in 1959
7,840 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: LANELL KRUGER • Strategic Realty
Mls Name: WFAR
Mls ID: #179492