511 S Cheyenne StWheelerTX79096
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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
Investment property for sale in Wheeler at 511 S Cheyenne St, Wheeler, TX, 79096 offers a 13.99% rental yield on a $184,800 purchase with $2,155/mo rent. Total monthly income registers $2,155/mo, and a $905/mo payment leaves $840/mo available for distribution. Annual cash flow reaches $10,084/yr on $61,261 to close, and return on cash invested stands at 36.37% in year one. Equity gained on principal adds $1,192/yr while 5% annual appreciation supports $51,057 over five years. Portfolio math shows five-year ROI at 192.36% and total cumulative return in cash at $117,840. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,155/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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