138 Longhorn DrOdemTX78370
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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
Rental property for sale in Odem at 138 Longhorn Dr, Odem, TX, 78370 offers $1,500/mo rent that, after a $1,898/mo payment. Total monthly income is $1,500/mo. Return on cash invested measures 8.17% in year one, and rental yield stands at 4.64% at a $387,750 entry. Equity gained on principal adds $2,502/yr while 5% annual appreciation compounds into $107,128 by year five. Five-year ROI records 41.1% and total cumulative return in cash reaches $52,834. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,500/mo property income versus a $1,898/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78370, Odem, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,069 (100%) |
| Owner Occupied HU | 1,465 (70.8%) |
| Renter Occupied HU | 369 (17.8%) |
| Vacant Housing Units | 235 (11.4%) |
| Median Home Value | $221,886 |
| Average Home Value | $236,819 |
Housing Distribution
Address Breakdown
Residential
1,401
Single Family
1,400
Multi-Family
1
Businesses
101
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Listed by: Susan Bales-Erwin • Luxe Realty Group
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #454112
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-11 12:08:03 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.