7 Surrey CirWichita FallsTX76309
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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 7 Surrey Cir, Wichita Falls, TX, 76309 with 5% annual appreciation on a $269,900 basis while $2,165/mo rent supports operations. Total monthly income totals $2,165/mo and a $1,321/mo payment preserves $246/mo for cash returns. Annual cash flow comes to $2,949/yr on $89,472 deployed, and return on cash invested reaches 23.2% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,568 alongside rental yield of 9.63%. Five-year ROI measures 121.72% and total cumulative return in cash totals $108,906.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,165/mo property income versus a $1,321/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76309, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,295 (100%) |
| Owner Occupied HU | 3,316 (52.7%) |
| Renter Occupied HU | 2,072 (32.9%) |
| Vacant Housing Units | 907 (14.4%) |
| Median Home Value | $173,910 |
| Average Home Value | $207,725 |
Housing Distribution
Address Breakdown
Residential
6,051
Single Family
5,369
Multi-Family
682
Businesses
283
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Listed by: MELISSA MCCRAY • Paramount Real Estate Services
Mls Name: WFAR
Mls ID: #181647