2805 Douglas DrMidlandTX79701
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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 2805 Douglas Dr, Midland, TX, 79701 earns $2,239/mo cash flow from $4,728/mo rent with a $1,713/mo payment. Total monthly income totals $4,728/mo, and annual cash flow totals $26,870/yr on $116,025 capital. ROI tracks 43.07% on current figures, and rental yield reads 16.21% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 228.26% and total cumulative return in cash sums $264,842. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,728/mo property income instead of your personal income.
Single Family
Built in 1956
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79701, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,564 (100%) |
| Owner Occupied HU | 6,530 (52.0%) |
| Renter Occupied HU | 3,947 (31.4%) |
| Vacant Housing Units | 2,087 (16.6%) |
| Median Home Value | $236,762 |
| Average Home Value | $288,236 |
Housing Distribution
Address Breakdown
Residential
11,590
Single Family
10,059
Multi-Family
1,531
Businesses
2,687
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Listed by: Chase McClinton • Heritage Real Estate
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #139696
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.