235 Loch Lomond DrWichita FallsTX76302
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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 235 Loch Lomond Dr, Wichita Falls, TX, 76302 uses $66,267 cash to close to unlock $6,335/yr annual cash flow and $528/mo monthly cash flow. Total monthly income runs $1,949/mo, and a $978/mo payment keeps the spread at $528/mo. Purchase price stands at $199,900, and rental yield measures 11.7% with $1,949/mo rent. Return on cash invested shows 29.47% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 155.32% and total cumulative return in cash records $102,925. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,949/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: SAGE KILLEN • River's Edge Realty
Mls Name: WFAR
Mls ID: #180326