802 6th StWolfforthTX79382
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Nearby investment properties with comparable prices
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 802 6th St, Wolfforth, TX, 79382 at $280,000 posts ROI 47.61% with $2,142/mo cash flow from $4,133/mo rent. Total monthly income equals $4,133/mo, and annual cash flow records $25,708/yr on $92,820 to close. Return on cash invested measures 47.61% and rental yield reads 17.71% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 252.6% and total cumulative return in cash totals $234,465.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,133/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
0.32 Acres 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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Listed by: Mark McMillan • NextHome CORE Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202411123
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.