2103 Northern LnMidlandTX79707
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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 2103 Northern Ln, Midland, TX, 79707 listed at $379,035 pairs $3,004/mo rent with a $1,855/mo payment to leave $309/mo cash flow. Total monthly income runs $3,004/mo, and annual cash flow reaches $3,706/yr on $125,650 cash to close. Return on cash invested measures 22.86% in year one, and rental yield registers 9.51% at a $379,035 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,720 by year five. Five-year ROI tracks 119.86% and total cumulative return in cash totals $150,610. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,004/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: #158736
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.