240 Glasgow Dr,Wichita Falls,TX,76302

Investment Highlights

Rental property for sale in Wichita Falls at 240 Glasgow Dr, Wichita Falls, TX, 76302 generates $1,193/mo in rent and, after a $768/mo payment, leaves $77/mo in cash flow. Total monthly income is $1,193/mo, and annual cash flow is $925/yr on $52,026 invested. Return on cash invested sits at 21.69% in year one, and rental yield is 9.12% on a $156,940 entry. Equity gained on principal adds $1,013/yr, while 5% annual appreciation builds toward $43,360 over five years. Five-year ROI reaches 113.69% and total cumulative return in cash sums $59,149. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,193/mo property income rather than buyer’s personal income.