1602 Burlington St, Wichita Falls, TX, 76302 | $197/mo Cash Flow

Off market

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wichita Falls at 1602 Burlington St, Wichita Falls, TX, 76302 earns $197/mo cash flow from $2,118/mo rent with a $1,322/mo payment. Total monthly income totals $2,118/mo, and annual cash flow totals $2,365/yr on $89,571 capital. ROI tracks 22.55% on current figures, and rental yield reads 9.41% at a $270,200 purchase. Equity gained on principal adds $1,744/yr, and 5% annual appreciation supports $74,651 over five years. Five-year ROI reaches 118.25% and total cumulative return in cash sums $105,916. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,118/mo property income instead of your personal income.

Single Family

Built in 1948

0.35 Acres lot

$N/A/sqft

No HOA