11430 W Edna 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 11430 W Edna St, Odessa, TX, 79763 uses $81,218 cash to close to unlock $1,439/yr annual cash flow and $120/mo monthly cash flow. Total monthly income runs $1,862/mo, and a $1,199/mo payment keeps the spread at $120/mo. Purchase price stands at $245,000, and rental yield measures 9.12% with $1,862/mo rent. Return on cash invested shows 21.68% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 113.55% and total cumulative return in cash records $92,220. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,862/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Manufactured
Built in 2013
2.06 Acres 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: Stacie Russell • Starz Realty
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #157957
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.