Riverside Plan, Candlewood West, Wichita Falls, TX, 76308 | $191/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1694 sft

126 Park Place Cir, Iowa Park, TX, 76367

4 Bed
3 Bath
2591 sft

4737 Willow Bend Dr, Wichita Falls, TX, 76310

4 Bed
2 Bath
1996 sft

5010 Blue Mesa, Wichita Falls, TX, 76310

4 Bed
2 Bath
2365 sft

4925 Lantana Dr, Wichita Falls, TX, 76310

Nearby investment properties with comparable prices

3 Bed
3 Bath
2526 sft

2526 Lou Ln, Wichita Falls, TX, 76308

4 Bed
5 Bath
3358 sft

2509 Garden Grove Ln, Wichita Falls, TX, 76308

4 Bed
2 Bath
2020 sft

1756 Eagle Ridge Cir, Wichita Falls, TX, 76309

4 Bed
2 Bath
2159 sft

4937 Silver Crest Dr, Wichita Falls, TX, 76310

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Wichita Falls at Riverside Plan, Candlewood West, Wichita Falls, TX, 76308 offers a 9.2% rental yield on a $485,000 purchase with $3,720/mo rent. Total monthly income registers $3,720/mo, and a $2,374/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,291/yr on $160,778 to close, and return on cash invested stands at 21.33% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Portfolio math shows five-year ROI at 111.9% and total cumulative return in cash at $179,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,720/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

$80 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 76308, Wichita Falls, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,446 (100%)
Owner Occupied HU	5,036 (53.3%)
Renter Occupied HU	3,606 (38.2%)
Vacant Housing Units	804 ( 8.5%)
Median Home Value	$238,605
Average Home Value	$273,351