205 Jefferson StBig 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
Rental property for sale in Big Spring at 205 Jefferson St, Big Spring, TX, 79720 priced at $120,000 converts $1,076/mo rent into $223/mo cash flow after a $587/mo obligation. Total monthly income equals $1,076/mo, and annual cash flow totals $2,676/yr on $39,780 invested. Return on cash invested prints 26.64% in year one, and rental yield reads 10.76% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 140.14% and total cumulative return in cash sums $55,747. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,076/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1949
7,492 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Herrin • Home Realtors
Mls Name: PBBR
Mls Provider:
Mls ID: #50075933
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.