1208 Oak AveOdessaTX79763
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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 1208 Oak Ave, Odessa, TX, 79763 earns $83/mo cash flow from $1,186/mo rent with a $759/mo payment. Total monthly income totals $1,186/mo, and annual cash flow totals $1,001/yr on $51,382 capital. ROI tracks 21.86% on current figures, and rental yield reads 9.18% at a $154,999 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,823 over five years. Five-year ROI reaches 114.56% and total cumulative return in cash sums $58,863. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,186/mo property income instead of your personal income.
Single Family
Built in 1959
7,200 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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