4306 Briar Cliff DrWichita 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 4306 Briar Cliff Dr, Wichita Falls, TX, 76309 listed at $360,000 pairs $2,430/mo rent with a $1,762/mo payment. Total monthly income runs $2,430/mo. Return on cash invested measures 18.6% in year one, and rental yield registers 8.1% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 97.02% and total cumulative return in cash totals $115,785. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,430/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.43 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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Listed by: KELLY HO-MONTOYA • Paramount Real Estate Services
Mls Name: WFAR
Mls ID: #180194