3220 Cornell AveBig SpringTX79720
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Nearby investment properties with comparable prices
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 3220 Cornell Ave, Big Spring, TX, 79720 earns $1,268/mo cash flow from $2,423/mo rent with a $795/mo payment. Total monthly income totals $2,423/mo, and annual cash flow totals $15,216/yr on $53,836 capital. ROI tracks 48.17% on current figures, and rental yield reads 17.9% at a $162,400 purchase. Equity gained on principal adds $1,048/yr, and 5% annual appreciation supports $44,868 over five years. Five-year ROI reaches 255.71% and total cumulative return in cash sums $137,663. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,423/mo property income instead of your personal income.
Single Family
Built in 1957
8,102 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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