4518 Fairgate Dr, Midland, TX, 79707 | 8.04% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1030 sft

1203 Hogback Way, Midland, TX, 79705

3 Bed
2 Bath
1392 sft

3807 Melody Ln, Odessa, TX, 79762

3 Bed
2 Bath
1100 sft

2000 Amaranth Ave, Midland, TX, 79705

3 Bed
2 Bath
1251 sft

4705 Ric Dr, Midland, TX, 79703

Nearby investment properties with comparable prices

3 Bed
2 Bath
2485 sft

2019 N Sam Houston Ave, Odessa, TX, 79761

3 Bed
2 Bath
1428 sft

803 Brooks Dr, Midland, TX, 79703

3 Bed
2 Bath
1403 sft

11 Deadwood Dr, Odessa, TX, 79765

3 Bed
2 Bath
1370 sft

2711 Verde Ave, Odessa, TX, 79762

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Midland at 4518 Fairgate Dr, Midland, TX, 79707 offers a 8.04% rental yield on a $255,000 purchase with $1,708/mo rent. 41% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 96.06% and total cumulative return in cash at $81,200. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,708/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1984

4,181 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