4615 Westridge DrWichita 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
Rental property for sale in Wichita Falls at 4615 Westridge Dr, Wichita Falls, TX, 76302 generates $2,843/mo in rent and, after a $1,076/mo payment, leaves $1,280/mo in cash flow. Total monthly income is $2,843/mo, and annual cash flow is $15,355/yr on $72,897 invested. Return on cash invested sits at 40.97% in year one, and rental yield is 15.51% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 217.02% and total cumulative return in cash sums $158,200. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,843/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Mary Brown • Hallmark Realtor Group
Mls Name: WFAR
Mls Provider:
Mls ID: #174801
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