1008 Baylor BlvdBig SpringTX79720
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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
Rental property for sale in Big Spring at 1008 Baylor Blvd, Big Spring, TX, 79720 priced at $197,600 pairs $1,550/mo rent with $145/mo cash flow after a $967/mo payment. Total monthly income equals $1,550/mo, and annual cash flow comes to $1,740/yr on $65,504 invested. Return on cash invested is 22.56% in year one, and rental yield stands at 9.41% on a $197,600 basis. Equity gained on principal adds $1,275/yr, and 5% annual appreciation accumulates to $54,593 by year five. Five-year ROI measures 118.29% and total cumulative return in cash reaches $77,482. For financing, Ziffy Mortgage’s DSCR program evaluates $1,550/mo property income against a $967/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
9,278 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79720, Big Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,228 (100%) |
| Owner Occupied HU | 7,149 (54.0%) |
| Renter Occupied HU | 3,742 (28.3%) |
| Vacant Housing Units | 2,337 (17.7%) |
| Median Home Value | $174,982 |
| Average Home Value | $206,924 |
Housing Distribution
Address Breakdown
Residential
12,084
Single Family
11,309
Multi-Family
775
Businesses
904
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Listed by: Dale Iley • Mission Real Estate
Mls Name: PBBR
Mls Provider:
Mls ID: #50084829
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.