4630 Pendleton DrWichita FallsTX76310
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
Rental property for sale in Wichita Falls at 4630 Pendleton Dr, Wichita Falls, TX, 76310 generates $1,748/mo in rent and, after a $881/mo payment, leaves $468/mo in cash flow. Total monthly income is $1,748/mo, and annual cash flow is $5,616/yr on $59,670 invested. Return on cash invested sits at 29.32% in year one, and rental yield is 11.65% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 154.52% and total cumulative return in cash sums $92,201. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,748/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
N/A 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: Saad Tatla • Keller Williams Dallas Preston Rd
Mls Name: WFAR
Mls Provider:
Mls ID: #176488
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