35 Cannan DrWichita FallsTX76308
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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 35 Cannan Dr, Wichita Falls, TX, 76308 at $245,000 posts ROI 19.11% with from $1,688/mo rent. Total monthly income equals $1,688/mo. Return on cash invested measures 19.11% and rental yield reads 8.27% at the current $245,000. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 by year five. Five-year ROI prints 99.76% and total cumulative return in cash totals $81,024. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,688/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
27,138 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76308, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,446 (100%) |
| Owner Occupied HU | 5,036 (53.3%) |
| Renter Occupied HU | 3,606 (38.2%) |
| Vacant Housing Units | 804 ( 8.5%) |
| Median Home Value | $238,605 |
| Average Home Value | $273,351 |
Housing Distribution
Address Breakdown
Residential
8,904
Single Family
6,694
Multi-Family
2,210
Businesses
1,432
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Listed by: DANIEL KUBINSKI • Crowned Eagle Realty
Mls Name: WFAR
Mls ID: #181151