110 Holly DrMidlandTX79703
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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 Midland at 110 Holly Dr, Midland, TX, 79703 priced at $150,000 converts $1,168/mo rent into $102/mo cash flow after a $734/mo obligation. Total monthly income equals $1,168/mo, and annual cash flow totals $1,218/yr on $49,725 invested. Return on cash invested prints 22.36% in year one, and rental yield reads 9.34% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 117.22% and total cumulative return in cash sums $58,290. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,168/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1952
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79703, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,459 (100%) |
| Owner Occupied HU | 5,111 (60.4%) |
| Renter Occupied HU | 2,439 (28.8%) |
| Vacant Housing Units | 909 (10.7%) |
| Median Home Value | $234,096 |
| Average Home Value | $250,050 |
Housing Distribution
Address Breakdown
Residential
8,663
Single Family
6,948
Multi-Family
1,715
Businesses
526
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