306 3rd StWolfforthTX79382
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 Wolfforth at 306 3rd St, Wolfforth, TX, 79382 at $150,000 posts ROI 24.24% with $180/mo cash flow from $1,246/mo rent. Total monthly income equals $1,246/mo, and annual cash flow records $2,154/yr on $49,725 to close. Return on cash invested measures 24.24% and rental yield reads 9.97% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 127.34% and total cumulative return in cash totals $63,318.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,246/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2018
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79382, Wolfforth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,995 (100%) |
| Owner Occupied HU | 2,939 (73.6%) |
| Renter Occupied HU | 757 (18.9%) |
| Vacant Housing Units | 299 ( 7.5%) |
| Median Home Value | $271,023 |
| Average Home Value | $349,056 |
Housing Distribution
Address Breakdown
Residential
4,135
Single Family
3,944
Multi-Family
191
Businesses
396
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Listed by: Melissa Sharkey • Amy Tapp Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202415889
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.