1609 Beverly DrWichita FallsTX76309
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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
Investment property for sale in Wichita Falls at 1609 Beverly Dr, Wichita Falls, TX, 76309 earns $130/mo cash flow from $1,478/mo rent with a $928/mo payment. Total monthly income totals $1,478/mo, and annual cash flow totals $1,554/yr on $62,886 capital. ROI tracks 22.38% on current figures, and rental yield reads 9.35% at a $189,700 purchase. Equity gained on principal adds $1,224/yr, and 5% annual appreciation supports $52,411 over five years. Five-year ROI reaches 117.34% and total cumulative return in cash sums $73,790. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,478/mo property income instead of your personal income.
Single Family
Built in 1924
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76309, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,295 (100%) |
| Owner Occupied HU | 3,316 (52.7%) |
| Renter Occupied HU | 2,072 (32.9%) |
| Vacant Housing Units | 907 (14.4%) |
| Median Home Value | $173,910 |
| Average Home Value | $207,725 |
Housing Distribution
Address Breakdown
Residential
6,051
Single Family
5,369
Multi-Family
682
Businesses
283
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Listed by: MELISSA MCCRAY • Paramount Real Estate Services
Mls Name: WFAR
Mls ID: #181597