408 Pratt DrOdessaTX79765
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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
Rental property for sale in Odessa at 408 Pratt Dr, Odessa, TX, 79765 generates $1,991/mo in rent and, after a $1,145/mo payment, leaves $327/mo in cash flow. Total monthly income is $1,991/mo, and annual cash flow is $3,927/yr on $77,583 invested. Return on cash invested sits at 24.97% in year one, and rental yield is 10.21% on a $234,035 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation builds toward $64,660 over five years. Five-year ROI reaches 131.24% and total cumulative return in cash sums $101,822. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,991/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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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