706 W Court AveFort DavisTX79734
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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 Fort Davis at 706 W Court Ave, Fort Davis, TX, 79734 offers $2,446/mo rent that, after a $1,708/mo payment. Total monthly income is $2,446/mo. Return on cash invested measures 19.54% in year one, and rental yield stands at 8.41% at a $349,000 entry. Equity gained on principal adds $2,252/yr while 5% annual appreciation compounds into $96,422 by year five. Five-year ROI records 102.09% and total cumulative return in cash reaches $118,116. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,446/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79734, Fort Davis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,346 (100%) |
| Owner Occupied HU | 698 (51.9%) |
| Renter Occupied HU | 158 (11.7%) |
| Vacant Housing Units | 490 (36.4%) |
| Median Home Value | $173,710 |
| Average Home Value | $230,405 |
Housing Distribution
Address Breakdown
Residential
410
Single Family
410
Multi-Family
0
Businesses
112
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Listed by: Atticus Freeland • Legacy Broker Group
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #156736
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.