3303 Fordham 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
Investment property for sale in Big Spring at 3303 Fordham Ave, Big Spring, TX, 79720 uses $81,050 cash to close to unlock $3,612/yr annual cash flow and $301/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,197/mo payment keeps the spread at $301/mo. Purchase price stands at $244,495, and rental yield measures 10.01% with $2,040/mo rent. Return on cash invested shows 24.37% in year one, and 5% annual appreciation builds toward $67,549 over five years. Five-year ROI reaches 128.01% and total cumulative return in cash records $103,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,197/mo payment rather than investor’s personal income.
Single Family
Built in 2026
7,405 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: Shannon Carrillo • Home Realtors
Mls Name: PBBR
Mls ID: #50087451