509 E 23rd StWolfforthTX79382
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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 Wolfforth at 509 E 23rd St, Wolfforth, TX, 79382 generates $1,680/mo in rent and, after a $890/mo payment, leaves $387/mo in cash flow. Total monthly income is $1,680/mo, and annual cash flow is $4,643/yr on $60,277 invested. Return on cash invested sits at 27.61% in year one, and rental yield is 11.09% on a $181,830 entry. Equity gained on principal adds $1,173/yr, while 5% annual appreciation builds toward $50,236 over five years. Five-year ROI reaches 145.38% and total cumulative return in cash sums $87,627. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79382, Wolfforth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,995 (100%) |
| Owner Occupied HU | 2,939 (73.6%) |
| Renter Occupied HU | 757 (18.9%) |
| Vacant Housing Units | 299 ( 7.5%) |
| Median Home Value | $271,023 |
| Average Home Value | $349,056 |
Housing Distribution
Address Breakdown
Residential
4,135
Single Family
3,944
Multi-Family
191
Businesses
396
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