322 E 44th StOdessaTX79762
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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 322 E 44th St, Odessa, TX, 79762 offers $2,880/mo rent that, after a $866/mo payment, leaves $1,622/mo cash flow. Total monthly income is $2,880/mo, and annual cash flow is $19,460/yr on $58,676 cash. Return on cash invested measures 53.07% in year one, and rental yield stands at 19.53% at a $177,000 entry. Equity gained on principal adds $1,142/yr while 5% annual appreciation compounds into $48,902 by year five. Five-year ROI records 281.92% and total cumulative return in cash reaches $165,419. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,880/mo property income versus a $866/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,801 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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Listed by: Andrea Carter/ Isaiah Magallanez • Heritage Real Estate
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #153231
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.