Midland, TX — Rental Investment Analysis
🟡MODERATE— average returnsCap Rate
4.2%
Below average
Monthly Cash Flow
-$653
After all expenses
Price-to-Rent
13.9
Investor-friendly
DSCR
0.65
Fails
📊 Key Metrics
- Median Home Price
- $354,847
- Average Rent (3BR)
- $2,040/mo
- Price-to-Rent Ratio
- 13.9(good)
- 1% Rule
- 0.60%(fails — need 1%+)
- Cash-on-Cash Return
- -9.6%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →📈 Population Movement (Tax Year 2021→2022)
Net Migration
+163 households
GROWING
Total Inflow
1,234
households moved in
Avg Income (New Residents)
$63,843
per household
Where they're coming from:
1.Bexar, TX171 households · avg $62,585
2.Lea, NM142 households · avg $81,634
3.Collin, TX126 households · avg $74,278
4.Curry, NM88 households · avg $48,341
5.Maricopa, AZ84 households · avg $71,690
Where residents are leaving to:
1.Bexar, TX235 households
2.Collin, TX191 households
3.Maricopa, AZ61 households
4.Bell, TX55 households
5.Lea, NM49 households
💡 Strong net inflow suggests growing rental demand and upward pressure on rents.