1601 La Casa DrOdessaTX79763
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 Odessa at 1601 La Casa Dr, Odessa, TX, 79763 offers a 19.97% rental yield on a $111,519 purchase with $1,856/mo rent. Total monthly income registers $1,856/mo, and a $546/mo payment leaves $1,063/mo available for distribution. Annual cash flow reaches $12,754/yr on $36,969 to close, and return on cash invested stands at 54.41% in year one. Equity gained on principal adds $720/yr while 5% annual appreciation supports $30,811 over five years. Portfolio math shows five-year ROI at 289.08% and total cumulative return in cash at $106,868. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,856/mo property income against a $546/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79763, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,731 (100%) |
| Owner Occupied HU | 9,180 (58.4%) |
| Renter Occupied HU | 4,348 (27.6%) |
| Vacant Housing Units | 2,203 (14.0%) |
| Median Home Value | $153,656 |
| Average Home Value | $222,108 |
Housing Distribution
Address Breakdown
Residential
14,198
Single Family
12,778
Multi-Family
1,420
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices