6115 Candlestick DrMidlandTX79706
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 6115 Candlestick Dr, Midland, TX, 79706 earns $606/mo cash flow from $3,034/mo rent with a $1,657/mo payment. Total monthly income totals $3,034/mo, and annual cash flow totals $7,277/yr on $112,246 capital. ROI tracks 26.39% on current figures, and rental yield reads 10.75% at a $338,600 purchase. Equity gained on principal adds $2,185/yr, and 5% annual appreciation supports $93,549 over five years. Five-year ROI reaches 138.92% and total cumulative return in cash sums $155,927. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,034/mo property income instead of your personal income.
Single Family
Built in 2013
6,490 sqft lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79706, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,516 (100%) |
| Owner Occupied HU | 8,500 (67.9%) |
| Renter Occupied HU | 2,364 (18.9%) |
| Vacant Housing Units | 1,652 (13.2%) |
| Median Home Value | $344,937 |
| Average Home Value | $367,503 |
Housing Distribution
Address Breakdown
Residential
11,900
Single Family
10,862
Multi-Family
1,038
Businesses
1,008
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices