4804 Augusta LnWichita 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 4804 Augusta Ln, Wichita Falls, TX, 76302 offers $3,559/mo rent that, after a $1,268/mo payment, leaves $1,676/mo cash flow. Total monthly income is $3,559/mo, and annual cash flow is $20,113/yr on $85,859 cash. Return on cash invested measures 43.33% in year one, and rental yield stands at 16.49% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 229.93% and total cumulative return in cash reaches $197,416. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,559/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Gregg Miller • Team Legacy Realty
Mls Name: NTREIS
Mls ID: #20645662
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.