2004 Herd AveWolfforthTX79382
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Wolfforth at 2004 Herd Ave, Wolfforth, TX, 79382 offers $1,680/mo rent that, after a $884/mo payment, leaves $396/mo cash flow. Total monthly income is $1,680/mo, and annual cash flow is $4,749/yr on $59,862 cash. Return on cash invested measures 27.84% in year one, and rental yield stands at 11.16% at a $180,580 entry. Equity gained on principal adds $1,165/yr while 5% annual appreciation compounds into $49,891 by year five. Five-year ROI records 146.63% and total cumulative return in cash reaches $87,775. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,680/mo property income versus a $884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79382, Wolfforth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,995 (100%) |
| Owner Occupied HU | 2,939 (73.6%) |
| Renter Occupied HU | 757 (18.9%) |
| Vacant Housing Units | 299 ( 7.5%) |
| Median Home Value | $271,023 |
| Average Home Value | $349,056 |
Housing Distribution
Address Breakdown
Residential
4,135
Single Family
3,944
Multi-Family
191
Businesses
396
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices