3115 Palo Verde GlnMidlandTX79705
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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 Midland at 3115 Palo Verde Gln, Midland, TX, 79705 projects strong ROI of 0.15%. Rental yield 1.99%. With 5% annual appreciation, the property builds $580,191 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2007
0.90 Acres lot
$N/A/sqft
$150 annually 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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Listed by: Susan Palmer • Legacy Real Estate
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #160361
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.