309 Olds Creek DrFort 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 309 Olds Creek Dr, Fort Davis, TX, 79734 earns from $1,910/mo rent with a $3,172/mo payment. Total monthly income totals $1,910/mo. ROI tracks 4.74% on current figures, and rental yield reads 3.54% at a $648,000 purchase. Equity gained on principal adds $4,181/yr, and 5% annual appreciation supports $179,030 over five years. Five-year ROI reaches 22.72% and total cumulative return in cash sums $48,442. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,910/mo property income instead of your personal income.
Single Family
Built in 2001
5.02 Acres lot
$N/A/sqft
$288 annually 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 Provider:
Mls ID: #157636
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