511 S Calhoun StMidlandTX79701
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
Investment property for sale in Midland at 511 S Calhoun St, Midland, TX, 79701 earns $344/mo cash flow from $2,520/mo rent with a $1,498/mo payment. Total monthly income totals $2,520/mo, and annual cash flow totals $4,124/yr on $101,439 capital. ROI tracks 23.97% on current figures, and rental yield reads 9.88% at a $306,000 purchase. Equity gained on principal adds $1,975/yr, and 5% annual appreciation supports $84,542 over five years. Five-year ROI reaches 125.86% and total cumulative return in cash sums $127,668. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,520/mo property income instead of your personal income.
Single Family
Built in 2024
8,407 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79701, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,564 (100%) |
| Owner Occupied HU | 6,530 (52.0%) |
| Renter Occupied HU | 3,947 (31.4%) |
| Vacant Housing Units | 2,087 (16.6%) |
| Median Home Value | $236,762 |
| Average Home Value | $288,236 |
Housing Distribution
Address Breakdown
Residential
11,590
Single Family
10,059
Multi-Family
1,531
Businesses
2,687
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
