2517 Emerson DrMidlandTX79705
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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 2517 Emerson Dr, Midland, TX, 79705 uses $98,456 cash to close to unlock $12,092/yr annual cash flow and $1,008/mo monthly cash flow. Total monthly income runs $3,120/mo, and a $1,454/mo payment keeps the spread at $1,008/mo. Purchase price stands at $297,000, and rental yield measures 12.61% with $3,120/mo rent. Return on cash invested shows 32.19% in year one, and 5% annual appreciation builds toward $82,056 over five years. Five-year ROI reaches 169.91% and total cumulative return in cash records $167,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,120/mo property income covering a $1,454/mo payment rather than investor’s personal income.
Single Family
Built in 1975
7,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79705, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,134 (100%) |
| Owner Occupied HU | 12,799 (60.6%) |
| Renter Occupied HU | 5,573 (26.4%) |
| Vacant Housing Units | 2,762 (13.1%) |
| Median Home Value | $350,630 |
| Average Home Value | $398,058 |
Housing Distribution
Address Breakdown
Residential
21,890
Single Family
16,635
Multi-Family
5,255
Businesses
1,329
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