769 Shepherd CirAndrewsTX79714
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 Andrews at 769 Shepherd Cir, Andrews, TX, 79714 priced at $229,900 converts $2,340/mo rent into $705/mo cash flow after a $1,125/mo obligation. Total monthly income equals $2,340/mo, and annual cash flow totals $8,465/yr on $76,212 invested. Return on cash invested prints 31.02% in year one, and rental yield reads 12.21% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 163.64% and total cumulative return in cash sums $124,715. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,340/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 2012
9,191 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79714, Andrews, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,273 (100%) |
| Owner Occupied HU | 4,822 (66.3%) |
| Renter Occupied HU | 1,690 (23.2%) |
| Vacant Housing Units | 761 (10.5%) |
| Median Home Value | $230,372 |
| Average Home Value | $261,570 |
Housing Distribution
Address Breakdown
Residential
6,262
Single Family
6,095
Multi-Family
167
Businesses
767
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Clay Cherry • Cherry Real Estate
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #150705
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.