241 Bass StOdessaTX79766
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 241 Bass St, Odessa, TX, 79766 offers $1,717/mo rent that, after a $1,174/mo payment, leaves $11/mo cash flow. Total monthly income is $1,717/mo, and annual cash flow is $137/yr on $79,494 cash. Return on cash invested measures 20.08% in year one, and rental yield stands at 8.59% at a $239,800 entry. Equity gained on principal adds $1,547/yr while 5% annual appreciation compounds into $66,252 by year five. Five-year ROI records 105% and total cumulative return in cash reaches $83,471. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,717/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79766, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,228 (100%) |
| Owner Occupied HU | 2,253 (69.8%) |
| Renter Occupied HU | 533 (16.5%) |
| Vacant Housing Units | 442 (13.7%) |
| Median Home Value | $239,756 |
| Average Home Value | $294,460 |
Housing Distribution
Address Breakdown
Residential
3,422
Single Family
3,422
Multi-Family
0
Businesses
287
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