2015 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 2015 Herd Ave, Wolfforth, TX, 79382 priced at $193,580 pairs $2,160/mo rent with $784/mo cash flow after a $947/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $9,407/yr on $64,172 invested. Return on cash invested is 34.57% in year one, and rental yield stands at 13.39% on a $193,580 basis. Equity gained on principal adds $1,249/yr, and 5% annual appreciation accumulates to $53,483 by year five. Five-year ROI measures 182.67% and total cumulative return in cash reaches $117,224. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $947/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
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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