2313 Kings HwyWichita 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
Investment property for sale in Wichita Falls at 2313 Kings Hwy, Wichita Falls, TX, 76301 listed at $147,500 pairs $1,219/mo rent with a $722/mo payment to leave $170/mo cash flow. Total monthly income runs $1,219/mo, and annual cash flow reaches $2,040/yr on $48,896 cash to close. Return on cash invested measures 24.08% in year one, and rental yield registers 9.92% at a $147,500 basis. Equity gained on principal adds $952/yr, and annual property appreciation at 5% supports $40,752 by year five. Five-year ROI tracks 126.56% and total cumulative return in cash totals $61,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,219/mo property income relative to a $722/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
6,534 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: GRAHAM LOWDER • Bishop Realtor Group
Mls Name: WFAR
Mls ID: #179698