7108 Red Canyon RdOdessaTX79765
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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
Investment property for sale in Odessa at 7108 Red Canyon Rd, Odessa, TX, 79765 with 5% annual appreciation on a $395,400 basis while $3,558/mo rent supports operations. Total monthly income totals $3,558/mo and a $1,935/mo payment preserves $747/mo for cash returns. Annual cash flow comes to $8,958/yr on $131,075 deployed, and return on cash invested reaches 26.74% in year one. Equity gained on principal adds $2,551/yr, and five-year appreciation sums $109,242 alongside rental yield of 10.8%. Five-year ROI measures 140.71% and total cumulative return in cash totals $184,440.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,558/mo property income versus a $1,935/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79765, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,430 (100%) |
| Owner Occupied HU | 7,779 (62.6%) |
| Renter Occupied HU | 2,954 (23.8%) |
| Vacant Housing Units | 1,697 (13.7%) |
| Median Home Value | $316,046 |
| Average Home Value | $413,545 |
Housing Distribution
Address Breakdown
Residential
12,645
Single Family
8,899
Multi-Family
3,746
Businesses
597
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