3 Louis CirAndrewsTX79714
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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 Andrews at 3 Louis Cir, Andrews, TX, 79714 uses $105,251 cash to close to unlock $8,751/yr annual cash flow and $729/mo monthly cash flow. Total monthly income runs $2,987/mo, and a $1,554/mo payment keeps the spread at $729/mo. Purchase price stands at $317,500, and rental yield measures 11.29% with $2,987/mo rent. Return on cash invested shows 28.22% in year one, and 5% annual appreciation builds toward $87,719 over five years. Five-year ROI reaches 148.68% and total cumulative return in cash records $156,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,987/mo property income covering a $1,554/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79714, Andrews, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,273 (100%) |
| Owner Occupied HU | 4,822 (66.3%) |
| Renter Occupied HU | 1,690 (23.2%) |
| Vacant Housing Units | 761 (10.5%) |
| Median Home Value | $230,372 |
| Average Home Value | $261,570 |
Housing Distribution
Address Breakdown
Residential
6,262
Single Family
6,095
Multi-Family
167
Businesses
767
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Listed by: Lona Bevel • Real Broker, LLC
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #157521
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.