450 W Flagstone StOdessaTX79766
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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 450 W Flagstone St, Odessa, TX, 79766 at $587,000 posts ROI 10.53% with from $2,640/mo rent. Total monthly income equals $2,640/mo. Return on cash invested measures 10.53% and rental yield reads 5.4% at the current $587,000. Equity gained on principal adds $3,788/yr, and 5% annual appreciation supports $162,177 by year five. Five-year ROI prints 53.71% and total cumulative return in cash totals $103,726. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79766, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,228 (100%) |
| Owner Occupied HU | 2,253 (69.8%) |
| Renter Occupied HU | 533 (16.5%) |
| Vacant Housing Units | 442 (13.7%) |
| Median Home Value | $239,756 |
| Average Home Value | $294,460 |
Housing Distribution
Address Breakdown
Residential
3,422
Single Family
3,422
Multi-Family
0
Businesses
287
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Listed by: Ysenia Cepeda • Heritage Real Estate
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #157794
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.