1601 Beverly DrWichita 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 1601 Beverly Dr, Wichita Falls, TX, 76309 listed at $135,900 pairs $1,183/mo rent with a $665/mo payment to leave $217/mo cash flow. Total monthly income runs $1,183/mo, and annual cash flow reaches $2,601/yr on $45,051 cash to close. Return on cash invested measures 25.68% in year one, and rental yield registers 10.45% at a $135,900 basis. Equity gained on principal adds $877/yr, and annual property appreciation at 5% supports $37,547 by year five. Five-year ROI tracks 135.04% and total cumulative return in cash totals $60,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,183/mo property income relative to a $665/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
N/A 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: Zackre Baker • Paramount Real Estate Services
Mls Name: WFAR
Mls Provider:
Mls ID: #178029
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