3602 El Cajon AveOdessaTX79765
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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 3602 El Cajon Ave, Odessa, TX, 79765 listed at $340,000 pairs $2,954/mo rent with a $1,664/mo payment to leave $503/mo cash flow. Total monthly income runs $2,954/mo, and annual cash flow reaches $6,036/yr on $112,710 cash to close. Return on cash invested measures 25.26% in year one, and rental yield registers 10.43% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 132.93% and total cumulative return in cash totals $149,826. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,954/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
5,575 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79765, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,430 (100%) |
| Owner Occupied HU | 7,779 (62.6%) |
| Renter Occupied HU | 2,954 (23.8%) |
| Vacant Housing Units | 1,697 (13.7%) |
| Median Home Value | $316,046 |
| Average Home Value | $413,545 |
Housing Distribution
Address Breakdown
Residential
12,645
Single Family
8,899
Multi-Family
3,746
Businesses
597
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Listed by: Chris Beckett • Pine & Beckett - Chris Beckett
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #160385
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.