4706 Reginald DrWichita 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 4706 Reginald Dr, Wichita Falls, TX, 76308 offers a 11.3% rental yield on a $315,000 purchase with $2,965/mo rent. Total monthly income registers $2,965/mo, and a $1,542/mo payment leaves $612/mo available for distribution. Annual cash flow reaches $7,339/yr on $104,423 to close, and return on cash invested stands at 26.94% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 142.22% and total cumulative return in cash at $148,505. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,965/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.26 Acres 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: MAGGIE BRUMLEY • Bishop Realtor Group
Mls Name: WFAR
Mls Provider:
Mls ID: #180345
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