1008 E 93rd StOdessaTX79765
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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 Odessa at 1008 E 93rd St, Odessa, TX, 79765 generates $2,989/mo in rent and, after a $1,566/mo payment, leaves $714/mo in cash flow. Total monthly income is $2,989/mo, and annual cash flow is $8,564/yr on $106,080 invested. Return on cash invested sits at 27.98% in year one, and rental yield is 11.21% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 147.36% and total cumulative return in cash sums $156,315. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,989/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79765, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,430 (100%) |
| Owner Occupied HU | 7,779 (62.6%) |
| Renter Occupied HU | 2,954 (23.8%) |
| Vacant Housing Units | 1,697 (13.7%) |
| Median Home Value | $316,046 |
| Average Home Value | $413,545 |
Housing Distribution
Address Breakdown
Residential
12,645
Single Family
8,899
Multi-Family
3,746
Businesses
597
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