1808 Mittel AveBig SpringTX79720
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 Big Spring at 1808 Mittel Ave, Big Spring, TX, 79720 at $177,000 posts ROI 25.73% with $285/mo cash flow from $1,543/mo rent. Total monthly income equals $1,543/mo, and annual cash flow records $3,416/yr on $58,676 to close. Return on cash invested measures 25.73% and rental yield reads 10.46% at the current $177,000. Equity gained on principal adds $1,142/yr, and 5% annual appreciation supports $48,902 by year five. Five-year ROI prints 135.3% and total cumulative return in cash totals $79,391.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,543/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
8,276 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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Nearby investment properties with comparable prices
Listed by: Kassie Chevalier • Legacy Real Estate
Mls Name: PBBR
Mls Provider:
Mls ID: #50078474
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.