3500 Apache DrMidlandTX79703
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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 3500 Apache Dr, Midland, TX, 79703 with 5% annual appreciation on a $239,900 basis while $2,128/mo rent supports operations. Total monthly income totals $2,128/mo and a $1,174/mo payment preserves $422/mo for cash returns. Annual cash flow comes to $5,067/yr on $79,527 deployed, and return on cash invested reaches 26.28% in year one. Equity gained on principal adds $1,548/yr, and five-year appreciation sums $66,280 alongside rental yield of 10.64%. Five-year ROI measures 138.26% and total cumulative return in cash totals $109,951.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,128/mo property income versus a $1,174/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79703, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,459 (100%) |
| Owner Occupied HU | 5,111 (60.4%) |
| Renter Occupied HU | 2,439 (28.8%) |
| Vacant Housing Units | 909 (10.7%) |
| Median Home Value | $234,096 |
| Average Home Value | $250,050 |
Housing Distribution
Address Breakdown
Residential
8,663
Single Family
6,948
Multi-Family
1,715
Businesses
526
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