1605 Weeks StWichita FallsTX76302
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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
Rental property for sale in Wichita Falls at 1605 Weeks St, Wichita Falls, TX, 76302 priced at $205,000 converts $1,377/mo rent into after a $1,003/mo obligation. Total monthly income equals $1,377/mo. Return on cash invested prints 17% in year one, and rental yield reads 8.06% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 89.04% and total cumulative return in cash sums $60,510. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,377/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.41 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: JIM CHANDLER • Chandler Realtors
Mls Name: WFAR
Mls Provider:
Mls ID: #179807
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