2811 Coronado AveBig 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 2811 Coronado Ave, Big Spring, TX, 79720 priced at $295,000 converts $2,501/mo rent into $403/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,501/mo, and annual cash flow totals $4,837/yr on $97,793 invested. Return on cash invested prints 24.86% in year one, and rental yield reads 10.17% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 130.63% and total cumulative return in cash sums $127,742. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,501/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 1966
10,672 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: Terri Ayala • World Wide Realty,LLC
Mls Name: HAR
Mls Provider:
Mls ID: #24345543
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