511 S Cheyenne StWheelerTX79096
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow511 S Cheyenne St, Wheeler, TX, 79096 in Wheeler earns its strong cash-flow label: 13.99% yield, $2,155/mo rent, $841/mo net income, DSCR 2.59. The $184,800 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $51,057 by year five. Combined with $1,702/yr in principal paydown, total projected return reaches $124,943.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 6.2% |
| Monthly Cash Flow | $841 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,155 |
| Total Monthly Debt Service | $1,241 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79096, Wheeler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 910 (100%) |
| Owner Occupied HU | 548 (60.2%) |
| Renter Occupied HU | 190 (20.9%) |
| Vacant Housing Units | 172 (18.9%) |
| Median Home Value | $166,447 |
| Average Home Value | $273,006 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1963
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79096, Wheeler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 910 (100%) |
| Owner Occupied HU | 548 (60.2%) |
| Renter Occupied HU | 190 (20.9%) |
| Vacant Housing Units | 172 (18.9%) |
| Median Home Value | $166,447 |
| Average Home Value | $273,006 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices