1587 Singleton Ave,Wichita Falls,TX,76302

Investment Highlights

Investment property for sale in Wichita Falls at 1587 Singleton Ave, Wichita Falls, TX, 76302 offers a 10.32% rental yield on a $279,900 purchase with $2,407/mo rent. Total monthly income registers $2,407/mo, and a $1,370/mo payment leaves $417/mo available for distribution. Annual cash flow reaches $4,999/yr on $92,787 to close, and return on cash invested stands at 25.3% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 132.95% and total cumulative return in cash at $123,361. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,407/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.