3104 Baybridge CtMidlandTX79705
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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 Midland at 3104 Baybridge Ct, Midland, TX, 79705 offers $3,439/mo rent that, after a $1,856/mo payment, leaves $743/mo cash flow. Total monthly income is $3,439/mo, and annual cash flow is $8,912/yr on $125,672 cash. Return on cash invested measures 27% in year one, and rental yield stands at 10.89% at a $379,100 entry. Equity gained on principal adds $2,446/yr while 5% annual appreciation compounds into $104,738 by year five. Five-year ROI records 142.08% and total cumulative return in cash reaches $178,554. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,439/mo property income versus a $1,856/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
5,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79705, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,134 (100%) |
| Owner Occupied HU | 12,799 (60.6%) |
| Renter Occupied HU | 5,573 (26.4%) |
| Vacant Housing Units | 2,762 (13.1%) |
| Median Home Value | $350,630 |
| Average Home Value | $398,058 |
Housing Distribution
Address Breakdown
Residential
21,890
Single Family
16,635
Multi-Family
5,255
Businesses
1,329
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