2006 Herd AveWolfforthTX79382
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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
Rental property for sale in Wolfforth at 2006 Herd Ave, Wolfforth, TX, 79382 priced at $205,580 converts $1,647/mo rent into $185/mo cash flow after a $1,006/mo obligation. Total monthly income equals $1,647/mo, and annual cash flow totals $2,223/yr on $68,150 invested. Return on cash invested prints 23.17% in year one, and rental yield reads 9.61% against a $205,580 entry. Equity gained on principal adds $1,327/yr, while 5% annual appreciation compiles into $56,798 by year five. Five-year ROI reaches 121.6% and total cumulative return in cash sums $82,868. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,647/mo property income covering a $1,006/mo payment, not borrower’s personal income.
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
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