5540 E Poppy DrOdessaTX79758
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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 Odessa at 5540 E Poppy Dr, Odessa, TX, 79758 priced at $264,900 converts $1,819/mo rent into after a $1,297/mo obligation. Total monthly income equals $1,819/mo. Return on cash invested prints 19.02% in year one, and rental yield reads 8.24% against a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation compiles into $73,187 by year five. Five-year ROI reaches 99.29% and total cumulative return in cash sums $87,188. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,819/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Manufactured
Built in 2009
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79758, Gardendale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,298 (100%) |
| Owner Occupied HU | 969 (74.7%) |
| Renter Occupied HU | 150 (11.6%) |
| Vacant Housing Units | 179 (13.8%) |
| Median Home Value | $437,284 |
| Average Home Value | $521,620 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,037
Multi-Family
0
Businesses
69
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Listed by: Lorenzo Sanchez • Heritage Real Estate
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #159148
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.