2407 N Anderson RdBig 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
Investment property for sale in Big Spring at 2407 N Anderson Rd, Big Spring, TX, 79720 listed at $355,000 pairs $2,529/mo rent with a $1,738/mo payment to leave $4/mo cash flow. Total monthly income runs $2,529/mo, and annual cash flow reaches $49/yr on $117,683 cash to close. Return on cash invested measures 19.95% in year one, and rental yield registers 8.55% at a $355,000 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,080 by year five. Five-year ROI tracks 104.31% and total cumulative return in cash totals $122,760. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,529/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
6.17 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: Greg Graham • Graham & Co Realty Group
Mls Name: NTREIS
Mls ID: #20797603
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.