4310 Shady LnWichita 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 4310 Shady Ln, Wichita Falls, TX, 76309 uses $132,600 cash to close to unlock $1,564/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $2,975/mo, and a $1,958/mo payment keeps the spread at $130/mo. Purchase price stands at $399,999, and rental yield measures 8.93% with $2,975/mo rent. Return on cash invested shows 21.09% in year one, and 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 110.39% and total cumulative return in cash records $146,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,975/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.38 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DEBRA WEST • Re/Max Elite Group
Mls Name: WFAR
Mls ID: #179688