1103 Gulf AveMidlandTX79705
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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
Investment property for sale in Midland at 1103 Gulf Ave, Midland, TX, 79705 at $219,900 posts ROI 38.19% with $1,111/mo cash flow from $2,874/mo rent. Total monthly income equals $2,874/mo, and annual cash flow records $13,327/yr on $72,897 to close. Return on cash invested measures 38.19% and rental yield reads 15.68% at the current $219,900. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 by year five. Five-year ROI prints 203.31% and total cumulative return in cash totals $148,204.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,874/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
2,352 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79705, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,134 (100%) |
| Owner Occupied HU | 12,799 (60.6%) |
| Renter Occupied HU | 5,573 (26.4%) |
| Vacant Housing Units | 2,762 (13.1%) |
| Median Home Value | $350,630 |
| Average Home Value | $398,058 |
Housing Distribution
Address Breakdown
Residential
21,890
Single Family
16,635
Multi-Family
5,255
Businesses
1,329
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