10 Glover PlSpearmanTX79081
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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 Spearman at 10 Glover Pl, Spearman, TX, 79081 at $248,000 posts ROI 24.76% with $332/mo cash flow from $2,096/mo rent. Total monthly income equals $2,096/mo, and annual cash flow records $3,987/yr on $82,212 to close. Return on cash invested measures 24.76% and rental yield reads 10.14% at the current $248,000. Equity gained on principal adds $1,600/yr, and 5% annual appreciation supports $68,518 by year five. Five-year ROI prints 130.09% and total cumulative return in cash totals $106,950.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,096/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79081, Spearman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,546 (100%) |
| Owner Occupied HU | 979 (63.3%) |
| Renter Occupied HU | 302 (19.5%) |
| Vacant Housing Units | 265 (17.1%) |
| Median Home Value | $122,943 |
| Average Home Value | $183,573 |
Housing Distribution
Address Breakdown
Residential
1,235
Single Family
1,235
Multi-Family
0
Businesses
201
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