2009 Raleigh Point 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 2009 Raleigh Point Dr, Midland, TX, 79707 uses $142,376 cash to close to unlock $12,312/yr annual cash flow and $1,026/mo monthly cash flow. Total monthly income runs $4,080/mo, and a $2,102/mo payment keeps the spread at $1,026/mo. Purchase price stands at $429,490, and rental yield measures 11.4% with $4,080/mo rent. Return on cash invested shows 28.56% in year one, and 5% annual appreciation builds toward $118,660 over five years. Five-year ROI reaches 150.42% and total cumulative return in cash records $214,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,080/mo property income covering a $2,102/mo payment rather than investor’s personal income.
Single Family
Built in 2025
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: #158888
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.