810 Grant StWichita FallsTX76301
Nearby investment properties with comparable rents
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
Rental property for sale in Wichita Falls at 810 Grant St, Wichita Falls, TX, 76301 priced at $175,000 converts $2,111/mo rent into $866/mo cash flow after a $857/mo obligation. Total monthly income equals $2,111/mo, and annual cash flow totals $10,393/yr on $58,013 invested. Return on cash invested prints 37.82% in year one, and rental yield reads 14.48% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 200.2% and total cumulative return in cash sums $116,143. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,111/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1922
N/A 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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Nearby investment properties with comparable prices
Listed by: Crimson Shults • Hirschi Realtors
Mls Name: WFAR
Mls Provider:
Mls ID: #174620
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