26 Johnny Ct,Wichita Falls,TX,76302

Investment Highlights

Investment property for sale in Wichita Falls at 26 Johnny Ct, Wichita Falls, TX, 76302 listed at $259,900 pairs $2,287/mo rent with a $1,272/mo payment to leave $439/mo cash flow. Total monthly income runs $2,287/mo, and annual cash flow reaches $5,267/yr on $86,157 cash to close. Return on cash invested measures 26.02% in year one, and rental yield registers 10.56% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 136.83% and total cumulative return in cash totals $117,886. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,287/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).