1915 Bear DrMidlandTX79707
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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 1915 Bear Dr, Midland, TX, 79707 uses $123,661 cash to close to unlock $2,077/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $2,826/mo, and a $1,826/mo payment keeps the spread at $173/mo. Purchase price stands at $373,035, and rental yield measures 9.09% with $2,826/mo rent. Return on cash invested shows 21.59% in year one, and 5% annual appreciation builds toward $103,063 over five years. Five-year ROI reaches 113.09% and total cumulative return in cash records $139,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,826/mo property income covering a $1,826/mo payment rather than investor’s personal income.
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79707, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,693 (100%) |
| Owner Occupied HU | 9,890 (52.9%) |
| Renter Occupied HU | 5,889 (31.5%) |
| Vacant Housing Units | 2,914 (15.6%) |
| Median Home Value | $403,149 |
| Average Home Value | $476,915 |
Housing Distribution
Address Breakdown
Residential
17,740
Single Family
11,713
Multi-Family
6,027
Businesses
790
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Listed by: Daniel Montoya • Monument Realty
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #156515
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.