1109 Smith StOdessaTX79763
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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 Odessa at 1109 Smith St, Odessa, TX, 79763 with 5% annual appreciation on a $255,000 basis while $2,510/mo rent supports operations. Total monthly income totals $2,510/mo and a $1,248/mo payment preserves $697/mo for cash returns. Annual cash flow comes to $8,361/yr on $84,533 deployed, and return on cash invested reaches 29.8% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 11.81%. Five-year ROI measures 157.1% and total cumulative return in cash totals $132,800.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,510/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79763, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,731 (100%) |
| Owner Occupied HU | 9,180 (58.4%) |
| Renter Occupied HU | 4,348 (27.6%) |
| Vacant Housing Units | 2,203 (14.0%) |
| Median Home Value | $153,656 |
| Average Home Value | $222,108 |
Housing Distribution
Address Breakdown
Residential
14,198
Single Family
12,778
Multi-Family
1,420
Businesses
808
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Listed by: Janalee Escarciga • Home Charm Realty, LLC
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #158498
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.