2303 Somerset 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 2303 Somerset Dr, Midland, TX, 79707 earns $1,040/mo cash flow from $4,080/mo rent with a $2,092/mo payment. Total monthly income totals $4,080/mo, and annual cash flow totals $12,484/yr on $141,716 capital. ROI tracks 28.72% on current figures, and rental yield reads 11.45% at a $427,500 purchase. Equity gained on principal adds $2,759/yr, and 5% annual appreciation supports $118,110 over five years. Five-year ROI reaches 151.31% and total cumulative return in cash sums $214,438. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,080/mo property income instead of your personal income.
Single Family
Built in 2025
N/A 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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