3114 Avenue SWichita FallsTX76309
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 3114 Avenue S, Wichita Falls, TX, 76309 earns $163/mo cash flow from $1,004/mo rent with a $560/mo payment. Total monthly income totals $1,004/mo, and annual cash flow totals $1,959/yr on $37,957 capital. ROI tracks 25.07% on current figures, and rental yield reads 10.52% at a $114,500 purchase. Equity gained on principal adds $739/yr, and 5% annual appreciation supports $31,634 over five years. Five-year ROI reaches 132.14% and total cumulative return in cash sums $50,156. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,004/mo property income instead of your personal income.
Single Family
Built in 1926
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76309, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,295 (100%) |
| Owner Occupied HU | 3,316 (52.7%) |
| Renter Occupied HU | 2,072 (32.9%) |
| Vacant Housing Units | 907 (14.4%) |
| Median Home Value | $173,910 |
| Average Home Value | $207,725 |
Housing Distribution
Address Breakdown
Residential
6,051
Single Family
5,369
Multi-Family
682
Businesses
283
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Nearby investment properties with comparable prices
Listed by: Karen Beatty-martinez • Keller Williams Realty Denton
Mls Name: WFAR
Mls Provider:
Mls ID: #178150
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