204 S Jefferson StMidlandTX79701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 204 S Jefferson St, Midland, TX, 79701 with 5% annual appreciation on a $575,000 basis while $6,427/mo rent supports operations. Total monthly income totals $6,427/mo and a $2,814/mo payment preserves $2,338/mo for cash returns. Annual cash flow comes to $28,061/yr on $189,175 deployed, and return on cash invested reaches 34.89% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 13.41%. Five-year ROI measures 184.39% and total cumulative return in cash totals $348,827.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,427/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79701, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,564 (100%) |
| Owner Occupied HU | 6,530 (52.0%) |
| Renter Occupied HU | 3,947 (31.4%) |
| Vacant Housing Units | 2,087 (16.6%) |
| Median Home Value | $236,762 |
| Average Home Value | $288,236 |
Housing Distribution
Address Breakdown
Residential
11,590
Single Family
10,059
Multi-Family
1,531
Businesses
2,687
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
