5008 Kingston AveOdessaTX79762
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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 Odessa at 5008 Kingston Ave, Odessa, TX, 79762 earns $841/mo cash flow from $2,686/mo rent with a $1,270/mo payment. Total monthly income totals $2,686/mo, and annual cash flow totals $10,089/yr on $86,024 capital. ROI tracks 31.64% on current figures, and rental yield reads 12.42% at a $259,500 purchase. Equity gained on principal adds $1,675/yr, and 5% annual appreciation supports $71,695 over five years. Five-year ROI reaches 166.94% and total cumulative return in cash sums $143,609. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,686/mo property income instead of your personal income.
Single Family
Built in 1957
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79762, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,387 (100%) |
| Owner Occupied HU | 10,111 (58.2%) |
| Renter Occupied HU | 5,099 (29.3%) |
| Vacant Housing Units | 2,177 (12.5%) |
| Median Home Value | $238,689 |
| Average Home Value | $263,967 |
Housing Distribution
Address Breakdown
Residential
17,507
Single Family
12,738
Multi-Family
4,769
Businesses
1,191
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Listed by: Jan Bell • The Sales Team Realtors
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #153722
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.