4613 Spanish Trce #CWichita FallsTX76310
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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 4613 Spanish Trce #C, Wichita Falls, TX, 76310 earns $62/mo cash flow from $1,128/mo rent with a $734/mo payment. Total monthly income totals $1,128/mo, and annual cash flow totals $741/yr on $49,692 capital. ROI tracks 21.4% on current figures, and rental yield reads 9.03% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 112.05% and total cumulative return in cash sums $55,679. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,128/mo property income instead of your personal income.
Townhouse
Built in 1965
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76310, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,807 (100%) |
| Owner Occupied HU | 5,929 (60.5%) |
| Renter Occupied HU | 3,075 (31.4%) |
| Vacant Housing Units | 803 ( 8.2%) |
| Median Home Value | $212,575 |
| Average Home Value | $237,484 |
Housing Distribution
Address Breakdown
Residential
8,824
Single Family
7,287
Multi-Family
1,537
Businesses
334
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Listed by: CAITLIN BARKER • Hirschi Realtors
Mls Name: WFAR
Mls ID: #181022