1811 SE Ardath AveWichita FallsTX76301
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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 1811 SE Ardath Ave, Wichita Falls, TX, 76301 listed at $134,777 pairs $1,290/mo rent with a $660/mo payment to leave $331/mo cash flow. Total monthly income runs $1,290/mo, and annual cash flow reaches $3,975/yr on $44,679 cash to close. Return on cash invested measures 28.81% in year one, and rental yield registers 11.49% at a $134,777 basis. Equity gained on principal adds $870/yr, and annual property appreciation at 5% supports $37,236 by year five. Five-year ROI tracks 151.84% and total cumulative return in cash totals $67,839. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,290/mo property income relative to a $660/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76301, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,955 (100%) |
| Owner Occupied HU | 3,189 (40.1%) |
| Renter Occupied HU | 3,144 (39.5%) |
| Vacant Housing Units | 1,622 (20.4%) |
| Median Home Value | $79,555 |
| Average Home Value | $138,046 |
Housing Distribution
Address Breakdown
Residential
7,165
Single Family
6,308
Multi-Family
857
Businesses
1,412
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Listed by: CASSIDY BEER • It's Closing Time Realty
Mls Name: WFAR
Mls ID: #181905