910 S Canadian StWheelerTX79096
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
Investment property for sale in Wheeler at 910 S Canadian St, Wheeler, TX, 79096 uses $76,245 cash to close to unlock $1,658/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $1,774/mo, and a $1,126/mo payment keeps the spread at $138/mo. Purchase price stands at $229,999, and rental yield measures 9.26% with $1,774/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $63,544 over five years. Five-year ROI reaches 115.77% and total cumulative return in cash records $88,266. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,774/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1942
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79096, Wheeler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 910 (100%) |
| Owner Occupied HU | 548 (60.2%) |
| Renter Occupied HU | 190 (20.9%) |
| Vacant Housing Units | 172 (18.9%) |
| Median Home Value | $166,447 |
| Average Home Value | $273,006 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tylene Hughes • Kersh Real Estate
Mls Name: NTREIS
Mls ID: #20894435
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.