1536 Primrose Dr, Wichita Falls, TX, 76302 | $223/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1132 sft

102 W Garden Dr, Iowa Park, TX, 76367

4 Bed
2 Bath
1532 sft

1108 E Omega St, Henrietta, TX, 76365

3 Bed
2 Bath
1040 sft

106 Tumbleweed Ct, Henrietta, TX, 76365

3 Bed
1 Bath
1208 sft

416 S Graham St, Henrietta, TX, 76365

Nearby investment properties with comparable prices

3 Bed
2 Bath
1090 sft

1646 Elizabeth Ave, Wichita Falls, TX, 76301

3 Bed
2 Bath
912 sft

1603 Cole St, Wichita Falls, TX, 76301

3 Bed
2 Bath
909 sft

1307 Polk St, Wichita Falls, TX, 76309

3 Bed
2 Bath
912 sft

1515 Fillmore St, Wichita Falls, TX, 76309

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Wichita Falls at 1536 Primrose Dr, Wichita Falls, TX, 76302 uses $65,637 cash to close to unlock $2,677/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,631/mo, and a $969/mo payment keeps the spread at $223/mo. Purchase price stands at $198,000, and rental yield measures 9.88% with $1,631/mo rent. Return on cash invested shows 23.99% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 125.99% and total cumulative return in cash records $82,696. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,631/mo property income covering a $969/mo payment rather than investor’s personal income.

Single Family

Built in 1962

8,712 sqft lot

$N/A/sqft

No HOA