308 Webster AveFort DavisTX79734
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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 Fort Davis at 308 Webster Ave, Fort Davis, TX, 79734 listed at $297,000 pairs $1,601/mo rent with a $1,454/mo payment. Total monthly income runs $1,601/mo. Return on cash invested measures 13.68% in year one, and rental yield registers 6.47% at a $297,000 basis. Equity gained on principal adds $1,916/yr, and annual property appreciation at 5% supports $82,056 by year five. Five-year ROI tracks 70.64% and total cumulative return in cash totals $69,546. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,601/mo property income relative to a $1,454/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
683.89 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79734, Fort Davis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,346 (100%) |
| Owner Occupied HU | 698 (51.9%) |
| Renter Occupied HU | 158 (11.7%) |
| Vacant Housing Units | 490 (36.4%) |
| Median Home Value | $173,710 |
| Average Home Value | $230,405 |
Housing Distribution
Address Breakdown
Residential
410
Single Family
410
Multi-Family
0
Businesses
112
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Listed by: Carol Morrow • Keller Williams Realty - Midland & Odessa
Mls Name: Odessa BOR
Mls ID: #163327