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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Odessa at 1624 Doe Ln, Odessa, TX, 79762 uses $112,710 cash to close to unlock $4,060/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $2,756/mo, and a $1,664/mo payment keeps the spread at $338/mo. Purchase price stands at $340,000, and rental yield measures 9.73% with $2,756/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 123.39% and total cumulative return in cash records $139,074. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,756/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1979
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79762, Odessa, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,387 (100%) |
| Owner Occupied HU | 10,111 (58.2%) |
| Renter Occupied HU | 5,099 (29.3%) |
| Vacant Housing Units | 2,177 (12.5%) |
| Median Home Value | $238,689 |
| Average Home Value | $263,967 |
Residential
17,507
Single Family
12,738
Multi-Family
4,769
Businesses
1,191
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cynthia Duarte • Beyond Realty, LLC
Mls Name: Odessa BOR
Mls ID: #165107
