5409 LamontMidlandTX79762
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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 Midland at 5409 Lamont, Midland, TX, 79762 earns $626/mo cash flow from $2,686/mo rent with a $1,418/mo payment. Total monthly income totals $2,686/mo, and annual cash flow totals $7,512/yr on $96,014 capital. ROI tracks 27.73% on current figures, and rental yield reads 11.13% at a $289,635 purchase. Equity gained on principal adds $1,869/yr, and 5% annual appreciation supports $80,021 over five years. Five-year ROI reaches 145.99% and total cumulative return in cash sums $140,170. 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 2024
6,098 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: Madison Miller • Copper Key Realty
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #150232
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.