2907 Dornoch LnOdessaTX79765
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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 2907 Dornoch Ln, Odessa, TX, 79765 uses $125,639 cash to close to unlock $10,139/yr annual cash flow and $845/mo monthly cash flow. Total monthly income runs $3,540/mo, and a $1,855/mo payment keeps the spread at $845/mo. Purchase price stands at $379,000, and rental yield measures 11.21% with $3,540/mo rent. Return on cash invested shows 27.98% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 147.32% and total cumulative return in cash records $185,087. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,540/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
2,221 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79765, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,430 (100%) |
| Owner Occupied HU | 7,779 (62.6%) |
| Renter Occupied HU | 2,954 (23.8%) |
| Vacant Housing Units | 1,697 (13.7%) |
| Median Home Value | $316,046 |
| Average Home Value | $413,545 |
Housing Distribution
Address Breakdown
Residential
12,645
Single Family
8,899
Multi-Family
3,746
Businesses
597
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