1941 E Southfork StOdessaTX79766
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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
Rental property for sale in Odessa at 1941 E Southfork St, Odessa, TX, 79766 generates $2,640/mo in rent, after a $4,943/mo payment. Total monthly income is $2,640/mo. Return on cash invested sits at 3.71% in year one, and rental yield is 3.14% on a $1,010,000 entry. Equity gained on principal adds $6,517/yr, while 5% annual appreciation builds toward $279,044 over five years. Five-year ROI reaches 17.15% and total cumulative return in cash sums $56,111. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
9.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79766, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,228 (100%) |
| Owner Occupied HU | 2,253 (69.8%) |
| Renter Occupied HU | 533 (16.5%) |
| Vacant Housing Units | 442 (13.7%) |
| Median Home Value | $239,756 |
| Average Home Value | $294,460 |
Housing Distribution
Address Breakdown
Residential
3,422
Single Family
3,422
Multi-Family
0
Businesses
287
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Listed by: Jeanette Bommersbach • TROWER REALTORS
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #161939
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.