2656 San Carlos TerOdessaTX79763
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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 Odessa at 2656 San Carlos Ter, Odessa, TX, 79763 generates $2,269/mo in rent and, after a $1,199/mo payment, leaves $527/mo in cash flow. Total monthly income is $2,269/mo, and annual cash flow is $6,326/yr on $81,184 invested. Return on cash invested sits at 27.7% in year one, and rental yield is 11.12% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 145.9% and total cumulative return in cash sums $118,445. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,269/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
7,605 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79763, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,731 (100%) |
| Owner Occupied HU | 9,180 (58.4%) |
| Renter Occupied HU | 4,348 (27.6%) |
| Vacant Housing Units | 2,203 (14.0%) |
| Median Home Value | $153,656 |
| Average Home Value | $222,108 |
Housing Distribution
Address Breakdown
Residential
14,198
Single Family
12,778
Multi-Family
1,420
Businesses
808
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