296 Sandcreek RdSpurTX79370
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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 Spur at 296 Sandcreek Rd, Spur, TX, 79370 earns $1,598/mo cash flow from $2,593/mo rent with a $685/mo payment. Total monthly income totals $2,593/mo, and annual cash flow totals $19,172/yr on $46,410 capital. ROI tracks 61.22% on current figures, and rental yield reads 22.23% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 325.63% and total cumulative return in cash sums $151,126. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,593/mo property income instead of your personal income.
Single Family
Built in 1960
1 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79370, Spur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,009 (100%) |
| Owner Occupied HU | 446 (44.2%) |
| Renter Occupied HU | 137 (13.6%) |
| Vacant Housing Units | 426 (42.2%) |
| Median Home Value | $82,727 |
| Average Home Value | $151,805 |
Housing Distribution
Address Breakdown
Residential
666
Single Family
666
Multi-Family
0
Businesses
75
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Listed by: Wendy Jones • Keller Williams Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202411535
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.