711 N 3rd StWolfforthTX79382
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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 Wolfforth at 711 N 3rd St, Wolfforth, TX, 79382 listed at $387,600 pairs $2,941/mo rent with a $1,897/mo payment to leave $185/mo cash flow. Total monthly income runs $2,941/mo, and annual cash flow reaches $2,218/yr on $128,489 cash to close. Return on cash invested measures 21.64% in year one, and rental yield registers 9.11% at a $387,600 basis. Equity gained on principal adds $2,501/yr, and annual property appreciation at 5% supports $107,087 by year five. Five-year ROI tracks 113.3% and total cumulative return in cash totals $145,583. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,941/mo property income relative to a $1,897/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79382, Wolfforth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,995 (100%) |
| Owner Occupied HU | 2,939 (73.6%) |
| Renter Occupied HU | 757 (18.9%) |
| Vacant Housing Units | 299 ( 7.5%) |
| Median Home Value | $271,023 |
| Average Home Value | $349,056 |
Housing Distribution
Address Breakdown
Residential
4,135
Single Family
3,944
Multi-Family
191
Businesses
396
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