9 Park Place CtWichita FallsTX76302
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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
Rental property for sale in Wichita Falls at 9 Park Place Ct, Wichita Falls, TX, 76302 priced at $399,900 pairs $2,810/mo rent with after a $1,957/mo payment. Total monthly income equals $2,810/mo. Return on cash invested is 19.61% in year one, and rental yield stands at 8.43% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 102.43% and total cumulative return in cash reaches $135,788. For financing, Ziffy Mortgage’s DSCR program evaluates $2,810/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Tanya Ruff • Hirschi Realtors
Mls Name: WFAR
Mls Provider:
Mls ID: #176252
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