2808 S Shepherds GlnWichita 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
Rental property for sale in Wichita Falls at 2808 S Shepherds Gln, Wichita Falls, TX, 76308 offers $3,158/mo rent that, after a $1,882/mo payment, leaves $212/mo cash flow. Total monthly income is $3,158/mo, and annual cash flow is $2,541/yr on $127,436 cash. Return on cash invested measures 21.9% in year one, and rental yield stands at 9.86% at a $384,422 entry. Equity gained on principal adds $2,481/yr while 5% annual appreciation compounds into $106,209 by year five. Five-year ROI records 115.47% and total cumulative return in cash reaches $147,153. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,158/mo property income versus a $1,882/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
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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