1113 E Cuthbert AveMidlandTX79701
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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 1113 E Cuthbert Ave, Midland, TX, 79701 uses $36,465 cash to close to unlock $20,858/yr annual cash flow and $1,738/mo monthly cash flow. Total monthly income runs $2,520/mo, and a $538/mo payment keeps the spread at $1,738/mo. Purchase price stands at $110,000, and rental yield measures 27.49% with $2,520/mo rent. Return on cash invested shows 77.11% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 410.89% and total cumulative return in cash records $149,832. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79701, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,564 (100%) |
| Owner Occupied HU | 6,530 (52.0%) |
| Renter Occupied HU | 3,947 (31.4%) |
| Vacant Housing Units | 2,087 (16.6%) |
| Median Home Value | $236,762 |
| Average Home Value | $288,236 |
Housing Distribution
Address Breakdown
Residential
11,590
Single Family
10,059
Multi-Family
1,531
Businesses
2,687
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