4232 Canyon Trails DrWichita FallsTX76309
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4232 Canyon Trails Dr, Wichita Falls, TX, 76309 at $377,500 posts ROI 20.02% with $11/mo cash flow from $2,696/mo rent. Total monthly income equals $2,696/mo, and annual cash flow records $135/yr on $125,141 to close. Return on cash invested measures 20.02% and rental yield reads 8.57% at the current $377,500. Equity gained on principal adds $2,436/yr, and 5% annual appreciation supports $104,296 by year five. Five-year ROI prints 104.65% and total cumulative return in cash totals $130,964.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,696/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
0.41 Acres 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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Nearby investment properties with comparable prices
Listed by: KIRK HARMAN • Bob Harman Real Estate
Mls Name: WFAR
Mls ID: #181814