414 Sooner 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
Rental property for sale in Wolfforth at 414 Sooner St, Wolfforth, TX, 79382 offers $3,031/mo rent that, after a $1,564/mo payment, leaves $759/mo cash flow. Total monthly income is $3,031/mo, and annual cash flow is $9,105/yr on $105,914 cash. Return on cash invested measures 28.51% in year one, and rental yield stands at 11.38% at a $319,500 entry. Equity gained on principal adds $2,062/yr while 5% annual appreciation compounds into $88,272 by year five. Five-year ROI records 150.16% and total cumulative return in cash reaches $159,038. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,031/mo property income versus a $1,564/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
7,840 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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