3505 Apache DrMidlandTX79703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3505 Apache Dr, Midland, TX, 79703 earns $90/mo cash flow from $1,420/mo rent with a $915/mo payment. Total monthly income totals $1,420/mo, and annual cash flow totals $1,086/yr on $61,991 capital. ROI tracks 21.66% on current figures, and rental yield reads 9.11% at a $187,000 purchase. Equity gained on principal adds $1,207/yr, and 5% annual appreciation supports $51,665 over five years. Five-year ROI reaches 113.47% and total cumulative return in cash sums $70,338. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,420/mo property income instead of your personal income.
Single Family
Built in 1950
6,969 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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