5002 Legacy DrWichita FallsTX76310
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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 5002 Legacy Dr, Wichita Falls, TX, 76310 generates $2,981/mo in rent and, after a $1,808/mo payment, leaves $259/mo in cash flow. Total monthly income is $2,981/mo, and annual cash flow is $3,109/yr on $122,456 invested. Return on cash invested sits at 22.45% in year one, and rental yield is 9.68% on a $369,400 entry. Equity gained on principal adds $2,384/yr, while 5% annual appreciation builds toward $102,058 over five years. Five-year ROI reaches 118.03% and total cumulative return in cash sums $144,537. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,981/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
7,679 sqft 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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