4618 University AveWichita FallsTX76308
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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 4618 University Ave, Wichita Falls, TX, 76308 earns $93/mo cash flow from $982/mo rent with a $612/mo payment. Total monthly income totals $982/mo, and annual cash flow totals $1,115/yr on $41,434 capital. ROI tracks 22.6% on current figures, and rental yield reads 9.43% at a $124,990 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,532 over five years. Five-year ROI reaches 118.49% and total cumulative return in cash sums $49,094. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $982/mo property income instead of your personal income.
Single Family
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76308, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,446 (100%) |
| Owner Occupied HU | 5,036 (53.3%) |
| Renter Occupied HU | 3,606 (38.2%) |
| Vacant Housing Units | 804 ( 8.5%) |
| Median Home Value | $238,605 |
| Average Home Value | $273,351 |
Housing Distribution
Address Breakdown
Residential
8,904
Single Family
6,694
Multi-Family
2,210
Businesses
1,432
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Listed by: SANDRA WORTHAM • 940 Realty
Mls Name: WFAR
Mls ID: #180278