3545 N Greer AveOdessaTX79764
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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 Odessa at 3545 N Greer Ave, Odessa, TX, 79764 with 5% annual appreciation on a $204,900 basis while $1,920/mo rent supports operations. Total monthly income totals $1,920/mo and a $1,003/mo payment preserves $463/mo for cash returns. Annual cash flow comes to $5,554/yr on $67,924 deployed, and return on cash invested reaches 28.09% in year one. Equity gained on principal adds $1,322/yr, and five-year appreciation sums $56,610 alongside rental yield of 11.24%. Five-year ROI measures 147.9% and total cumulative return in cash totals $100,462.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,920/mo property income versus a $1,003/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79764, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,141 (100%) |
| Owner Occupied HU | 6,668 (59.9%) |
| Renter Occupied HU | 2,811 (25.2%) |
| Vacant Housing Units | 1,662 (14.9%) |
| Median Home Value | $205,744 |
| Average Home Value | $232,795 |
Housing Distribution
Address Breakdown
Residential
9,806
Single Family
9,464
Multi-Family
342
Businesses
838
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Listed by: Lynzy Sousley • Lynzy Sousley Real Estate Group
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #159020
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.