7612 Gray Slate RdOdessaTX79765
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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 7612 Gray Slate Rd, Odessa, TX, 79765 offers a 10.96% rental yield on a $340,620 purchase with $3,111/mo rent. Total monthly income registers $3,111/mo, and a $1,667/mo payment leaves $689/mo available for distribution. Annual cash flow reaches $8,268/yr on $112,916 to close, and return on cash invested stands at 27.23% in year one. Equity gained on principal adds $2,198/yr while 5% annual appreciation supports $94,107 over five years. Portfolio math shows five-year ROI at 143.31% and total cumulative return in cash at $161,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,111/mo property income against a $1,667/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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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