3207 Hollywood AveWichita FallsTX76309
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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 Wichita Falls at 3207 Hollywood Ave, Wichita Falls, TX, 76309 earns $85/mo cash flow from $1,294/mo rent with a $832/mo payment. Total monthly income totals $1,294/mo, and annual cash flow totals $1,025/yr on $56,322 capital. ROI tracks 21.73% on current figures, and rental yield reads 9.14% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 113.86% and total cumulative return in cash sums $64,130. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,294/mo property income instead of your personal income.
Single Family
Built in 1949
7,405 sqft 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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Listed by: KAYLE BYRNE-PARKS • Paramount Real Estate Services
Mls Name: WFAR
Mls ID: #181516