1607 Bert Dr,Wichita Falls,TX,76302

Investment Highlights

Rental property for sale in Wichita Falls at 1607 Bert Dr, Wichita Falls, TX, 76302 priced at $251,900 converts $2,381/mo rent into $590/mo cash flow after a $1,233/mo obligation. Total monthly income equals $2,381/mo, and annual cash flow totals $7,075/yr on $83,505 invested. Return on cash invested prints 28.38% in year one, and rental yield reads 11.34% against a $251,900 entry. Equity gained on principal adds $1,625/yr, while 5% annual appreciation compiles into $69,595 by year five. Five-year ROI reaches 149.5% and total cumulative return in cash sums $124,842. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,381/mo property income covering a $1,233/mo payment, not borrower’s personal income.