2008 Hayes StWichita FallsTX76309
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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 2008 Hayes St, Wichita Falls, TX, 76309 with 5% annual appreciation on a $229,500 basis while $1,764/mo rent supports operations. Total monthly income totals $1,764/mo and a $1,123/mo payment preserves $132/mo for cash returns. Annual cash flow comes to $1,587/yr on $76,079 deployed, and return on cash invested reaches 22% in year one. Equity gained on principal adds $1,481/yr, and five-year appreciation sums $63,407 alongside rental yield of 9.22%. Five-year ROI measures 115.29% and total cumulative return in cash totals $87,714.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,764/mo property income versus a $1,123/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76309, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,295 (100%) |
| Owner Occupied HU | 3,316 (52.7%) |
| Renter Occupied HU | 2,072 (32.9%) |
| Vacant Housing Units | 907 (14.4%) |
| Median Home Value | $173,910 |
| Average Home Value | $207,725 |
Housing Distribution
Address Breakdown
Residential
6,051
Single Family
5,369
Multi-Family
682
Businesses
283
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Listed by: SUMMER DeWITT MILLS • Assent Real Estate Inc
Mls Name: WFAR
Mls ID: #181634