206 Leathersmith RdOdessaTX79765
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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 206 Leathersmith Rd, Odessa, TX, 79765 offers $3,068/mo rent that, after a $1,122/mo payment, leaves $1,438/mo cash flow. Total monthly income is $3,068/mo, and annual cash flow is $17,255/yr on $75,980 cash. Return on cash invested measures 42.62% in year one, and rental yield stands at 16.06% at a $229,200 entry. Equity gained on principal adds $1,479/yr while 5% annual appreciation compounds into $63,324 by year five. Five-year ROI records 225.84% and total cumulative return in cash reaches $171,596. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,068/mo property income versus a $1,122/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79765, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,430 (100%) |
| Owner Occupied HU | 7,779 (62.6%) |
| Renter Occupied HU | 2,954 (23.8%) |
| Vacant Housing Units | 1,697 (13.7%) |
| Median Home Value | $316,046 |
| Average Home Value | $413,545 |
Housing Distribution
Address Breakdown
Residential
12,645
Single Family
8,899
Multi-Family
3,746
Businesses
597
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