4700 Boulder Dr APT 206MidlandTX79707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4700 Boulder Dr APT 206, Midland, TX, 79707 generates $774/mo in rent, after a $504/mo payment. Total monthly income is $774/mo. Return on cash invested sits at 8.41% in year one, and rental yield is 9.02% on a $103,000 entry. Equity gained on principal adds $665/yr, while 5% annual appreciation builds toward $28,457 over five years. Five-year ROI reaches 47.09% and total cumulative return in cash sums $16,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $774/mo property income rather than buyer’s personal income.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
$369 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Haibin Ye • Texas Signature Realty
Mls Name: HAR
Mls Provider:
Mls ID: #69533863
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.