902 W 39th StOdessaTX79764
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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 902 W 39th St, Odessa, TX, 79764 offers a 9.74% rental yield on a $236,500 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $1,158/mo payment leaves $238/mo available for distribution. Annual cash flow reaches $2,853/yr on $78,400 to close, and return on cash invested stands at 23.55% in year one. Equity gained on principal adds $1,526/yr while 5% annual appreciation supports $65,341 over five years. Portfolio math shows five-year ROI at 123.58% and total cumulative return in cash at $96,883. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,158/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79764, Odessa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,141 (100%) |
| Owner Occupied HU | 6,668 (59.9%) |
| Renter Occupied HU | 2,811 (25.2%) |
| Vacant Housing Units | 1,662 (14.9%) |
| Median Home Value | $205,744 |
| Average Home Value | $232,795 |
Housing Distribution
Address Breakdown
Residential
9,806
Single Family
9,464
Multi-Family
342
Businesses
838
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