500 8th StOdonnellTX79351
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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 Odonnell at 500 8th St, Odonnell, TX, 79351 listed at $120,000 pairs $925/mo rent with a $587/mo payment to leave $72/mo cash flow. Total monthly income runs $925/mo, and annual cash flow reaches $864/yr on $39,780 cash to close. Return on cash invested measures 22.08% in year one, and rental yield registers 9.25% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 115.67% and total cumulative return in cash totals $46,015. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $925/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79351, Odonnell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 302 (63.2%) |
| Renter Occupied HU | 94 (19.7%) |
| Vacant Housing Units | 82 (17.2%) |
| Median Home Value | $123,718 |
| Average Home Value | $158,568 |
Housing Distribution
Address Breakdown
Residential
229
Single Family
229
Multi-Family
0
Businesses
34
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