710 Ryan AveOdessaTX79761
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 Odessa at 710 Ryan Ave, Odessa, TX, 79761 uses $40,443 cash to close to unlock $529/yr annual cash flow and $44/mo monthly cash flow. Total monthly income runs $942/mo, and a $597/mo payment keeps the spread at $44/mo. Purchase price stands at $122,000, and rental yield measures 9.27% with $942/mo rent. Return on cash invested shows 21.22% in year one, and 5% annual appreciation builds toward $33,706 over five years. Five-year ROI reaches 111.5% and total cumulative return in cash records $45,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $942/mo property income covering a $597/mo payment rather than investor’s personal income.
Single Family
Built in 1964
6,904 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79761, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,013 (100%) |
| Owner Occupied HU | 6,952 (53.4%) |
| Renter Occupied HU | 4,070 (31.3%) |
| Vacant Housing Units | 1,991 (15.3%) |
| Median Home Value | $173,338 |
| Average Home Value | $207,692 |
Housing Distribution
Address Breakdown
Residential
11,776
Single Family
9,903
Multi-Family
1,873
Businesses
1,538
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jimmy Ruiz • Strait A Real Estate
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #157896
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.