3304 Duke 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 3304 Duke Ave, Big Spring, TX, 79720 priced at $210,000 pairs $2,040/mo rent with $547/mo cash flow after a $1,028/mo payment. Total monthly income equals $2,040/mo, and annual cash flow comes to $6,558/yr on $69,615 invested. Return on cash invested is 29.33% in year one, and rental yield stands at 11.66% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 154.59% and total cumulative return in cash reaches $107,620. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
7,187 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: Julianne Hernandez • The Sales Team Realtors
Mls Name: PBBR
Mls Provider:
Mls ID: #50073758
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.