3505 Coquina LnMidlandTX79707
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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 3505 Coquina Ln, Midland, TX, 79707 earns $360/mo cash flow from $2,965/mo rent with a $1,738/mo payment. Total monthly income totals $2,965/mo, and annual cash flow totals $4,321/yr on $117,683 capital. ROI tracks 23.58% on current figures, and rental yield reads 10.02% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 124.07% and total cumulative return in cash sums $146,004. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,965/mo property income instead of your personal income.
Single Family
Built in 2010
6,403 sqft lot
$N/A/sqft
$240 quarterly 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 |
Housing Distribution
Address Breakdown
Residential
17,740
Single Family
11,713
Multi-Family
6,027
Businesses
790
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