4307 Gorman RdWichita FallsTX76302
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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 4307 Gorman Rd, Wichita Falls, TX, 76302 uses $102,102 cash to close to unlock $18,927/yr annual cash flow and $1,577/mo monthly cash flow. Total monthly income runs $3,768/mo, and a $1,508/mo payment keeps the spread at $1,577/mo. Purchase price stands at $308,000, and rental yield measures 14.68% with $3,768/mo rent. Return on cash invested shows 38.45% in year one, and 5% annual appreciation builds toward $85,095 over five years. Five-year ROI reaches 203.49% and total cumulative return in cash records $207,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,768/mo property income covering a $1,508/mo payment rather than investor’s personal income.
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Taz Ellett • Bishop Realtor Group
Mls Name: WFAR
Mls Provider:
Mls ID: #175019
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