1407 Derrick AveOdessaTX79765
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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 1407 Derrick Ave, Odessa, TX, 79765 earns $1,315/mo cash flow from $3,557/mo rent with a $1,543/mo payment. Total monthly income totals $3,557/mo, and annual cash flow totals $15,784/yr on $104,489 capital. ROI tracks 35.01% on current figures, and rental yield reads 13.54% at a $315,200 purchase. Equity gained on principal adds $2,034/yr, and 5% annual appreciation supports $87,084 over five years. Five-year ROI reaches 185.08% and total cumulative return in cash sums $193,388. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,557/mo property income instead of your personal income.
Single Family
Built in 2021
7,762 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79765, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,430 (100%) |
| Owner Occupied HU | 7,779 (62.6%) |
| Renter Occupied HU | 2,954 (23.8%) |
| Vacant Housing Units | 1,697 (13.7%) |
| Median Home Value | $316,046 |
| Average Home Value | $413,545 |
Housing Distribution
Address Breakdown
Residential
12,645
Single Family
8,899
Multi-Family
3,746
Businesses
597
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