1919-1921 8th StWichita 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
Total monthly income runs $780/mo, and a $1,615/mo payment. Purchase price stands at $330,000, and rental yield measures 2.84% with $780/mo rent. Return on cash invested shows 2.73% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 11.92% and total cumulative return in cash records $13,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $780/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
10,402 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: Joshua Pfaff • United Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #91003246
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