4940 S Lake Park Dr,Wichita Falls,TX,76302

Investment Highlights

Investment property for sale in Wichita Falls at 4940 S Lake Park Dr, Wichita Falls, TX, 76302 listed at $179,900 pairs $1,730/mo rent with a $881/mo payment to leave $450/mo cash flow. Total monthly income runs $1,730/mo, and annual cash flow reaches $5,403/yr on $59,637 cash to close. Return on cash invested measures 28.97% in year one, and rental yield registers 11.54% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 152.7% and total cumulative return in cash totals $91,065. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,730/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).