302 Fillmore StWichita FallsTX76301
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Nearby investment properties with comparable prices
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 302 Fillmore St, Wichita Falls, TX, 76301 at $166,800 posts ROI 37.11% with $792/mo cash flow from $2,012/mo rent. Total monthly income equals $2,012/mo, and annual cash flow records $9,510/yr on $55,294 to close. Return on cash invested measures 37.11% and rental yield reads 14.47% at the current $166,800. Equity gained on principal adds $1,076/yr, and 5% annual appreciation supports $46,084 by year five. Five-year ROI prints 196.58% and total cumulative return in cash totals $108,696.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,012/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
7,740 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76301, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,955 (100%) |
| Owner Occupied HU | 3,189 (40.1%) |
| Renter Occupied HU | 3,144 (39.5%) |
| Vacant Housing Units | 1,622 (20.4%) |
| Median Home Value | $79,555 |
| Average Home Value | $138,046 |
Housing Distribution
Address Breakdown
Residential
7,165
Single Family
6,308
Multi-Family
857
Businesses
1,412
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