1522 Glendale DrWichita FallsTX76302








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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
Investment property for sale in Wichita Falls at 1522 Glendale Dr, Wichita Falls, TX, 76302 offers a 10.46% rental yield on a $224,500 purchase with $1,956/mo rent. Total monthly income registers $1,956/mo, and a $1,099/mo payment leaves $359/mo available for distribution. Annual cash flow reaches $4,312/yr on $74,422 to close, and return on cash invested stands at 25.7% in year one. Equity gained on principal adds $1,449/yr while 5% annual appreciation supports $62,025 over five years. Portfolio math shows five-year ROI at 135.16% and total cumulative return in cash at $100,592. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,956/mo property income against a $1,099/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: MICHAEL DETRICK • Nortex Realty
Mls Name: WFAR
Mls ID: #179856








