3103 Oasis 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
Rental property for sale in Big Spring at 3103 Oasis Rd, Big Spring, TX, 79720 priced at $310,000 pairs $1,170/mo rent with after a $1,517/mo payment. Total monthly income equals $1,170/mo. Return on cash invested is 7.83% in year one, and rental yield stands at 4.53% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 39.29% and total cumulative return in cash reaches $40,375. For financing, Ziffy Mortgage’s DSCR program evaluates $1,170/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
18 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: Alicia Betik • Heritage Real Estate
Mls Name: PBBR
Mls Provider:
Mls ID: #50071772
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.