2011 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
Rental property for sale in Midland at 2011 Bear Dr, Midland, TX, 79707 priced at $483,855 pairs $4,080/mo rent with $639/mo cash flow after a $2,368/mo payment. Total monthly income equals $4,080/mo, and annual cash flow comes to $7,674/yr on $160,398 invested. Return on cash invested is 24.69% in year one, and rental yield stands at 10.12% on a $483,855 basis. Equity gained on principal adds $3,122/yr, and 5% annual appreciation accumulates to $133,680 by year five. Five-year ROI measures 129.72% and total cumulative return in cash reaches $208,071. For financing, Ziffy Mortgage’s DSCR program evaluates $4,080/mo property income against a $2,368/mo payment instead of your W2s, 1099s, or Tax returns.
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: #159050
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.