2350 Plan, Vander RanchMidlandTX79706
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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 Midland at 2350 Plan, Vander Ranch, Midland, TX, 79706 priced at $411,500 pairs $3,878/mo rent with $919/mo cash flow after a $2,014/mo payment. Total monthly income equals $3,878/mo, and annual cash flow comes to $11,026/yr on $136,412 invested. Return on cash invested is 27.99% in year one, and rental yield stands at 11.31% on a $411,500 basis. Equity gained on principal adds $2,655/yr, and 5% annual appreciation accumulates to $113,690 by year five. Five-year ROI measures 147.5% and total cumulative return in cash reaches $201,206. For financing, Ziffy Mortgage’s DSCR program evaluates $3,878/mo property income against a $2,014/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79706, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,516 (100%) |
| Owner Occupied HU | 8,500 (67.9%) |
| Renter Occupied HU | 2,364 (18.9%) |
| Vacant Housing Units | 1,652 (13.2%) |
| Median Home Value | $344,937 |
| Average Home Value | $367,503 |
Housing Distribution
Address Breakdown
Residential
11,900
Single Family
10,862
Multi-Family
1,038
Businesses
1,008
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