318 E 20th StWolfforthTX79382
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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
Investment property for sale in Wolfforth at 318 E 20th St, Wolfforth, TX, 79382 earns $14/mo cash flow from $1,092/mo rent with a $707/mo payment. Total monthly income totals $1,092/mo, and annual cash flow totals $165/yr on $47,902 capital. ROI tracks 20.25% on current figures, and rental yield reads 9.07% at a $144,500 purchase. Equity gained on principal adds $932/yr, and 5% annual appreciation supports $39,923 over five years. Five-year ROI reaches 106.38% and total cumulative return in cash sums $50,959. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,092/mo property income instead of your personal income.
Single Family
Built in 1983
6,534 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: Amanda Martin • Platinum West Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202551659
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.