606 S Main 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 606 S Main St, Wheeler, TX, 79096 at $110,000 posts ROI 22.58% with $81/mo cash flow from $863/mo rent. Total monthly income equals $863/mo, and annual cash flow records $974/yr on $36,465 to close. Return on cash invested measures 22.58% and rental yield reads 9.41% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 118.47% and total cumulative return in cash totals $43,200.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $863/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
N/A 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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Listed by: Taylor Weatherly • Coldwell Banker First Equity
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-416
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.