4729 Gay StWichita FallsTX76306
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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 4729 Gay St, Wichita Falls, TX, 76306 offers $2,228/mo rent that, after a $817/mo payment, leaves $851/mo cash flow. Total monthly income is $2,228/mo, and annual cash flow is $10,211/yr on $55,327 cash. Return on cash invested measures 38.36% in year one, and rental yield stands at 16.02% at a $166,900 entry. Equity gained on principal adds $1,077/yr while 5% annual appreciation compounds into $46,111 by year five. Five-year ROI records 204.52% and total cumulative return in cash reaches $113,156. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,228/mo property income versus a $817/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
7,078 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76306, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,978 (100%) |
| Owner Occupied HU | 3,663 (52.5%) |
| Renter Occupied HU | 2,578 (36.9%) |
| Vacant Housing Units | 737 (10.6%) |
| Median Home Value | $129,763 |
| Average Home Value | $158,605 |
Housing Distribution
Address Breakdown
Residential
6,470
Single Family
6,143
Multi-Family
327
Businesses
416
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