2709 Redwood DrOdessaTX79762
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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 2709 Redwood Dr, Odessa, TX, 79762 at $203,000 posts ROI 25.04% with $288/mo cash flow from $1,732/mo rent. Total monthly income equals $1,732/mo, and annual cash flow records $3,456/yr on $67,295 to close. Return on cash invested measures 25.04% and rental yield reads 10.24% at the current $203,000. Equity gained on principal adds $1,310/yr, and 5% annual appreciation supports $56,085 by year five. Five-year ROI prints 131.67% and total cumulative return in cash totals $88,610.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,732/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
9,670 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79762, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,387 (100%) |
| Owner Occupied HU | 10,111 (58.2%) |
| Renter Occupied HU | 5,099 (29.3%) |
| Vacant Housing Units | 2,177 (12.5%) |
| Median Home Value | $238,689 |
| Average Home Value | $263,967 |
Housing Distribution
Address Breakdown
Residential
17,507
Single Family
12,738
Multi-Family
4,769
Businesses
1,191
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Listed by: TRUDY THOMASON • TRUDY THOMASON REALTY, INC.
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #159758
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.