2320 E 8th StOdessaTX79761
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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 Odessa at 2320 E 8th St, Odessa, TX, 79761 earns $45/mo cash flow from $834/mo rent with a $543/mo payment. Total monthly income totals $834/mo, and annual cash flow totals $539/yr on $36,797 capital. ROI tracks 21.37% on current figures, and rental yield reads 9.02% at a $111,000 purchase. Equity gained on principal adds $716/yr, and 5% annual appreciation supports $30,667 over five years. Five-year ROI reaches 111.9% and total cumulative return in cash sums $41,174. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $834/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: 79761, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,013 (100%) |
| Owner Occupied HU | 6,952 (53.4%) |
| Renter Occupied HU | 4,070 (31.3%) |
| Vacant Housing Units | 1,991 (15.3%) |
| Median Home Value | $173,338 |
| Average Home Value | $207,692 |
Housing Distribution
Address Breakdown
Residential
11,776
Single Family
9,903
Multi-Family
1,873
Businesses
1,538
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