3102 Byron AveOdessaTX79762
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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
Rental property for sale in Odessa at 3102 Byron Ave, Odessa, TX, 79762 priced at $275,900 converts $2,686/mo rent into $724/mo cash flow after a $1,350/mo obligation. Total monthly income equals $2,686/mo, and annual cash flow totals $8,693/yr on $91,461 invested. Return on cash invested prints 29.41% in year one, and rental yield reads 11.68% against a $275,900 entry. Equity gained on principal adds $1,780/yr, while 5% annual appreciation compiles into $76,226 by year five. Five-year ROI reaches 155.04% and total cumulative return in cash sums $141,797. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,686/mo property income covering a $1,350/mo payment, not borrower’s personal income.
Single Family
Built in 1957
9,648 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79762, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,387 (100%) |
| Owner Occupied HU | 10,111 (58.2%) |
| Renter Occupied HU | 5,099 (29.3%) |
| Vacant Housing Units | 2,177 (12.5%) |
| Median Home Value | $238,689 |
| Average Home Value | $263,967 |
Housing Distribution
Address Breakdown
Residential
17,507
Single Family
12,738
Multi-Family
4,769
Businesses
1,191
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