1311 NW 16th StAndrewsTX79714
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 Andrews at 1311 NW 16th St, Andrews, TX, 79714 earns $1,826/mo cash flow from $4,386/mo rent with a $1,762/mo payment. Total monthly income totals $4,386/mo, and annual cash flow totals $21,912/yr on $119,340 capital. ROI tracks 38.27% on current figures, and rental yield reads 14.62% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 202.5% and total cumulative return in cash sums $241,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,386/mo property income instead of your personal income.
Single Family
Built in 2005
9,626 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79714, Andrews, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,273 (100%) |
| Owner Occupied HU | 4,822 (66.3%) |
| Renter Occupied HU | 1,690 (23.2%) |
| Vacant Housing Units | 761 (10.5%) |
| Median Home Value | $230,372 |
| Average Home Value | $261,570 |
Housing Distribution
Address Breakdown
Residential
6,262
Single Family
6,095
Multi-Family
167
Businesses
767
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ron Lilley • TruStar Real Estate
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #153304
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.