304 SE 2nd StAndrewsTX79714
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Andrews at 304 SE 2nd St, Andrews, TX, 79714 priced at $175,000 pairs $1,579/mo rent with $334/mo cash flow after a $857/mo payment. Total monthly income equals $1,579/mo, and annual cash flow comes to $4,009/yr on $58,013 invested. Return on cash invested is 26.82% in year one, and rental yield stands at 10.83% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 141.19% and total cumulative return in cash reaches $81,907. For financing, Ziffy Mortgage’s DSCR program evaluates $1,579/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
6,534 sqft 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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Nearby investment properties with comparable prices
Listed by: Ryan Ortiz • Jeannie Cooley Real Estate Group
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #156996
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.