2207 Morrison DrBig 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 2207 Morrison Dr, Big Spring, TX, 79720 offers $1,170/mo rent that, after a $1,317/mo payment. Total monthly income is $1,170/mo. Return on cash invested measures 9.91% in year one, and rental yield stands at 5.22% at a $269,000 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,320 by year five. Five-year ROI records 50.42% and total cumulative return in cash reaches $44,963. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,170/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.26 Acres 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: Kassie Chevalier • Legacy Real Estate
Mls Name: PBBR
Mls Provider:
Mls ID: #50081497
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.