9315 State Highway 79 SWichita FallsTX76310
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 9315 State Highway 79 S, Wichita Falls, TX, 76310 generates $768/mo in rent and, after a $489/mo payment, leaves $57/mo in cash flow. Total monthly income is $768/mo, and annual cash flow is $688/yr on $33,150 invested. Return on cash invested sits at 21.98% in year one, and rental yield is 9.22% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 115.27% and total cumulative return in cash sums $38,212. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $768/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
3.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76310, Wichita Falls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,807 (100%) |
| Owner Occupied HU | 5,929 (60.5%) |
| Renter Occupied HU | 3,075 (31.4%) |
| Vacant Housing Units | 803 ( 8.2%) |
| Median Home Value | $212,575 |
| Average Home Value | $237,484 |
Housing Distribution
Address Breakdown
Residential
8,824
Single Family
7,287
Multi-Family
1,537
Businesses
334
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Listed by: Connie O'Neal • Star Properties
Mls Name: NTREIS
Mls ID: #20808179