4511 Fairbanks DrMidlandTX79707
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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 Midland at 4511 Fairbanks Dr, Midland, TX, 79707 generates $4,654/mo in rent and, after a $1,649/mo payment, leaves $2,258/mo in cash flow. Total monthly income is $4,654/mo, and annual cash flow is $27,096/yr on $111,716 invested. Return on cash invested sits at 44.16% in year one, and rental yield is 16.57% on a $337,000 entry. Equity gained on principal adds $2,175/yr, while 5% annual appreciation builds toward $93,107 over five years. Five-year ROI reaches 234.1% and total cumulative return in cash sums $261,528. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,654/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
7,318 sqft lot
$N/A/sqft
No 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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Listed by: Felicia Saucedo • Fathom Realty
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #153111
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.