3345 State Highway 11 Hwy EWolfe CityTX75496
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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
Rental property for sale in Wolfe City at 3345 State Highway 11 Hwy E, Wolfe City, TX, 75496 generates $959/mo in rent, after a $1,738/mo payment. Total monthly income is $959/mo. Return on cash invested sits at 3.94% in year one, and rental yield is 3.24% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 18.46% and total cumulative return in cash sums $21,720. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $959/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
7.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75496, Wolfe City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,591 (100%) |
| Owner Occupied HU | 1,101 (69.2%) |
| Renter Occupied HU | 332 (20.9%) |
| Vacant Housing Units | 158 ( 9.9%) |
| Median Home Value | $280,500 |
| Average Home Value | $457,754 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,369
Multi-Family
0
Businesses
82
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Listed by: Jon Vines • TX Lake & Land Real Estate
Mls Name: NTREIS
Mls ID: #20926948
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.