3605 La Junta DrBig SpringTX79720
Nearby investment properties with comparable rents
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 3605 La Junta Dr, Big Spring, TX, 79720 uses $48,068 cash to close to unlock $1,399/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $1,148/mo, and a $710/mo payment keeps the spread at $117/mo. Purchase price stands at $145,000, and rental yield measures 9.5% with $1,148/mo rent. Return on cash invested shows 22.82% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 119.7% and total cumulative return in cash records $57,536. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,148/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1961
6,882 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brooke Atkins. Broker/Owner. RENE, SRS, ABR • Atkins Realty
Mls Name: PBBR
Mls ID: #50084577