6111 Indigo Sky CtMidlandTX79705
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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 Midland at 6111 Indigo Sky Ct, Midland, TX, 79705 priced at $389,900 pairs $3,120/mo rent with $317/mo cash flow after a $1,908/mo payment. Total monthly income equals $3,120/mo, and annual cash flow comes to $3,810/yr on $129,252 invested. Return on cash invested is 22.86% in year one, and rental yield stands at 9.6% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 119.96% and total cumulative return in cash reaches $155,053. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
10,018 sqft lot
$N/A/sqft
$363 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79705, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,134 (100%) |
| Owner Occupied HU | 12,799 (60.6%) |
| Renter Occupied HU | 5,573 (26.4%) |
| Vacant Housing Units | 2,762 (13.1%) |
| Median Home Value | $350,630 |
| Average Home Value | $398,058 |
Housing Distribution
Address Breakdown
Residential
21,890
Single Family
16,635
Multi-Family
5,255
Businesses
1,329
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