3041 Cunningham DrWichita FallsTX76308
Nearby investment properties with comparable rents
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 3041 Cunningham Dr, Wichita Falls, TX, 76308 at $137,900 posts ROI 57.67% with $1,438/mo cash flow from $2,419/mo rent. Total monthly income equals $2,419/mo, and annual cash flow records $17,260/yr on $45,714 to close. Return on cash invested measures 57.67% and rental yield reads 21.05% at the current $137,900. Equity gained on principal adds $890/yr, and 5% annual appreciation supports $38,099 by year five. Five-year ROI prints 306.6% and total cumulative return in cash totals $140,159.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,419/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
N/A 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: Ladonna Smith • Domain Real Estate Services Inc
Mls Name: WFAR
Mls Provider:
Mls ID: #173507
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