4907 Wylea CvMidlandTX79707
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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 4907 Wylea Cv, Midland, TX, 79707 offers $2,940/mo rent that, after a $1,908/mo payment, leaves $168/mo cash flow. Total monthly income is $2,940/mo, and annual cash flow is $2,013/yr on $129,252 cash. Return on cash invested measures 21.47% in year one, and rental yield stands at 9.05% at a $389,900 entry. Equity gained on principal adds $2,516/yr while 5% annual appreciation compounds into $107,722 by year five. Five-year ROI records 112.4% and total cumulative return in cash reaches $145,285. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,940/mo property income versus a $1,908/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
8,755 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: Wylea Brown • Wylea Brown Realty Group, LLC
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #157579
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.