2712 Miller CtWichita FallsTX76308
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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 2712 Miller Ct, Wichita Falls, TX, 76308 listed at $224,900 pairs $2,190/mo rent with a $1,101/mo payment to leave $590/mo cash flow. Total monthly income runs $2,190/mo, and annual cash flow reaches $7,086/yr on $74,554 cash to close. Return on cash invested measures 29.41% in year one, and rental yield registers 11.69% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 155.05% and total cumulative return in cash totals $115,597. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,190/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76308, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,446 (100%) |
| Owner Occupied HU | 5,036 (53.3%) |
| Renter Occupied HU | 3,606 (38.2%) |
| Vacant Housing Units | 804 ( 8.5%) |
| Median Home Value | $238,605 |
| Average Home Value | $273,351 |
Housing Distribution
Address Breakdown
Residential
8,904
Single Family
6,694
Multi-Family
2,210
Businesses
1,432
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Listed by: TACY SAGER • Keyterra Realty Group
Mls Name: WFAR
Mls ID: #181843