1605 Celia DrWichita FallsTX76302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Wichita Falls at 1605 Celia Dr, Wichita Falls, TX, 76302 priced at $224,900 converts $1,552/mo rent into after a $1,101/mo obligation. Total monthly income equals $1,552/mo. Return on cash invested prints 19.14% in year one, and rental yield reads 8.28% against a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation compiles into $62,136 by year five. Five-year ROI reaches 99.99% and total cumulative return in cash sums $74,545. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,552/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Bethann Oswald • Bishop Realtor Group
Mls Name: WFAR
Mls Provider:
Mls ID: #175322
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