6585 N Westcliff RdOdessaTX79764
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
Rental property for sale in Odessa at 6585 N Westcliff Rd, Odessa, TX, 79764 priced at $699,999 converts $3,218/mo rent into after a $3,426/mo obligation. Total monthly income equals $3,218/mo. Return on cash invested prints 10.89% in year one, and rental yield reads 5.52% against a $699,999 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation compiles into $193,397 by year five. Five-year ROI reaches 55.68% and total cumulative return in cash sums $128,235. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,218/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1962
14.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79764, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,141 (100%) |
| Owner Occupied HU | 6,668 (59.9%) |
| Renter Occupied HU | 2,811 (25.2%) |
| Vacant Housing Units | 1,662 (14.9%) |
| Median Home Value | $205,744 |
| Average Home Value | $232,795 |
Housing Distribution
Address Breakdown
Residential
9,806
Single Family
9,464
Multi-Family
342
Businesses
838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices