1603 Carol Ln, Wichita Falls, TX, 76302 | $872/mo Cash Flow

For Sale

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 1603 Carol Ln, Wichita Falls, TX, 76302 uses $112,677 cash to close to unlock $10,459/yr annual cash flow and $872/mo monthly cash flow. Total monthly income runs $3,289/mo, and a $1,664/mo payment keeps the spread at $872/mo. Purchase price stands at $339,900, and rental yield measures 11.61% with $3,289/mo rent. Return on cash invested shows 29.19% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 153.84% and total cumulative return in cash records $173,339. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,289/mo property income covering a $1,664/mo payment rather than investor’s personal income.

Single Family

Built in 1956

0.34 Acres lot

$N/A/sqft

No HOA