13 Surrey CirWichita FallsTX76309
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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 13 Surrey Cir, Wichita Falls, TX, 76309 offers a 10.03% rental yield on a $140,000 purchase with $1,170/mo rent. Total monthly income registers $1,170/mo, and a $685/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,096/yr on $46,410 to close, and return on cash invested stands at 24.43% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 128.3% and total cumulative return in cash at $59,542. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,170/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.27 Acres 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: KATELYN BASHFORD • Homestead And Ranch Real Estate
Mls Name: WFAR
Mls ID: #180049