3208 Elma Dr, Midland, TX, 79707 | 8.11% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Midland at 3208 Elma Dr, Midland, TX, 79707 earns from $1,825/mo rent with a $1,322/mo payment. Total monthly income totals $1,825/mo. ROI tracks 18.63% on current figures, and rental yield reads 8.11% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 97.2% and total cumulative return in cash sums $87,001. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,825/mo property income instead of your personal income.

Townhouse

Built in 1982

2,526 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 79707, Midland, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,693 (100%)
Owner Occupied HU	9,890 (52.9%)
Renter Occupied HU	5,889 (31.5%)
Vacant Housing Units	2,914 (15.6%)
Median Home Value	$403,149
Average Home Value	$476,915