1412 W Pine AveMidlandTX79705
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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 Midland at 1412 W Pine Ave, Midland, TX, 79705 listed at $357,500 pairs $4,969/mo rent with a $1,750/mo payment to leave $2,427/mo cash flow. Total monthly income runs $4,969/mo, and annual cash flow reaches $29,118/yr on $118,511 cash to close. Return on cash invested measures 44.48% in year one, and rental yield registers 16.68% at a $357,500 basis. Equity gained on principal adds $2,307/yr, and annual property appreciation at 5% supports $98,771 by year five. Five-year ROI tracks 235.82% and total cumulative return in cash totals $279,473. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,969/mo property income relative to a $1,750/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
5,488 sqft lot
$N/A/sqft
No 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
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Listed by: Aaron Jistel • ListingSpark
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #151905
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.