523 W Inwood DrWichita FallsTX76301
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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 Wichita Falls at 523 W Inwood Dr, Wichita Falls, TX, 76301 with 5% annual appreciation on a $127,500 basis while $1,021/mo rent supports operations. Total monthly income totals $1,021/mo and a $624/mo payment preserves $114/mo for cash returns. Annual cash flow comes to $1,372/yr on $42,266 deployed, and return on cash invested reaches 23.16% in year one. Equity gained on principal adds $823/yr, and five-year appreciation sums $35,226 alongside rental yield of 9.61%. Five-year ROI measures 121.57% and total cumulative return in cash totals $51,382.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,021/mo property income versus a $624/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76301, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,955 (100%) |
| Owner Occupied HU | 3,189 (40.1%) |
| Renter Occupied HU | 3,144 (39.5%) |
| Vacant Housing Units | 1,622 (20.4%) |
| Median Home Value | $79,555 |
| Average Home Value | $138,046 |
Housing Distribution
Address Breakdown
Residential
7,165
Single Family
6,308
Multi-Family
857
Businesses
1,412
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Listed by: MASON McCLESKEY • Domain Real Estate Services Inc
Mls Name: WFAR
Mls ID: #179775