1715 Shoal Creek DrWichita FallsTX76310
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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 1715 Shoal Creek Dr, Wichita Falls, TX, 76310 uses $152,391 cash to close to unlock $2,155/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $3,588/mo, and a $2,250/mo payment keeps the spread at $180/mo. Purchase price stands at $459,700, and rental yield measures 9.37% with $3,588/mo rent. Return on cash invested shows 21.32% in year one, and 5% annual appreciation builds toward $127,007 over five years. Five-year ROI reaches 112.04% and total cumulative return in cash records $170,739. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,588/mo property income covering a $2,250/mo payment rather than investor’s personal income.
Single Family
Built in 2010
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76310, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,807 (100%) |
| Owner Occupied HU | 5,929 (60.5%) |
| Renter Occupied HU | 3,075 (31.4%) |
| Vacant Housing Units | 803 ( 8.2%) |
| Median Home Value | $212,575 |
| Average Home Value | $237,484 |
Housing Distribution
Address Breakdown
Residential
8,824
Single Family
7,287
Multi-Family
1,537
Businesses
334
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