1311 Daventry PlMidlandTX79705
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1311 Daventry Pl, Midland, TX, 79705 earns $2,767/mo cash flow from $6,222/mo rent with a $2,349/mo payment. Total monthly income totals $6,222/mo, and annual cash flow totals $33,208/yr on $159,120 capital. ROI tracks 40.78% on current figures, and rental yield reads 15.55% at a $480,000 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 over five years. Five-year ROI reaches 216.09% and total cumulative return in cash sums $343,841. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,222/mo property income instead of your personal income.
Single Family
Built in 1988
0.33 Acres lot
$N/A/sqft
$125 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
