7114 Black ButteMidlandTX79705
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 Midland at 7114 Black Butte, Midland, TX, 79705 priced at $217,500 pairs $1,479/mo rent with after a $1,065/mo payment. Total monthly income equals $1,479/mo. Return on cash invested is 18.44% in year one, and rental yield stands at 8.16% on a $217,500 basis. Equity gained on principal adds $1,403/yr, and 5% annual appreciation accumulates to $60,091 by year five. Five-year ROI measures 96.31% and total cumulative return in cash reaches $69,438. For financing, Ziffy Mortgage’s DSCR program evaluates $1,479/mo property income against a $1,065/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
6,534 sqft lot
$N/A/sqft
$240 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79705, Midland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,134 (100%) |
| Owner Occupied HU | 12,799 (60.6%) |
| Renter Occupied HU | 5,573 (26.4%) |
| Vacant Housing Units | 2,762 (13.1%) |
| Median Home Value | $350,630 |
| Average Home Value | $398,058 |
Housing Distribution
Address Breakdown
Residential
21,890
Single Family
16,635
Multi-Family
5,255
Businesses
1,329
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
