1612 Celia Dr,Wichita Falls,TX,76302

Investment Highlights

Investment property for sale in Wichita Falls at 1612 Celia Dr, Wichita Falls, TX, 76302 offers a 9.09% rental yield on a $199,900 purchase with $1,514/mo rent. Total monthly income registers $1,514/mo, and a $978/mo payment leaves $93/mo available for distribution. Annual cash flow reaches $1,115/yr on $66,267 to close, and return on cash invested stands at 21.59% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 113.07% and total cumulative return in cash at $74,929. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,514/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.