2005 Gila RdOdessaTX79763
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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 Odessa at 2005 Gila Rd, Odessa, TX, 79763 uses $55,957 cash to close to unlock $6,934/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $1,778/mo, and a $826/mo payment keeps the spread at $578/mo. Purchase price stands at $168,800, and rental yield measures 12.64% with $1,778/mo rent. Return on cash invested shows 32.3% in year one, and 5% annual appreciation builds toward $46,636 over five years. Five-year ROI reaches 170.5% and total cumulative return in cash records $95,404. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,778/mo property income covering a $826/mo payment rather than investor’s personal income.
Single Family
Built in 1981
3,898 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
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