8624 Luz DrOdessaTX79765
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 8624 Luz Dr, Odessa, TX, 79765 earns $731/mo cash flow from $3,750/mo rent with a $2,055/mo payment. Total monthly income totals $3,750/mo, and annual cash flow totals $8,771/yr on $139,197 capital. ROI tracks 26.21% on current figures, and rental yield reads 10.72% at a $419,900 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 over five years. Five-year ROI reaches 137.93% and total cumulative return in cash sums $192,000. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,750/mo property income instead of your personal income.
Single Family
Built in 2024
5,009 sqft lot
$N/A/sqft
$400 annually 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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Listed by: Trust Key Team @ Trustar Real Estate • TruStar Real Estate
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #156157
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.