4 Fm 92SpurgerTX77660
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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 Spurger at 4 Fm 92, Spurger, TX, 77660 priced at $123,750 converts $0/mo rent into after a $606/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.84% in year one, and rental yield reads 0% against a $123,750 entry. Equity gained on principal adds $799/yr, while 5% annual appreciation compiles into $34,190 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $606/mo payment, not borrower’s personal income.
Single Family
Built in N/A
25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77660, Spurger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 662 (100%) |
| Owner Occupied HU | 501 (75.7%) |
| Renter Occupied HU | 56 ( 8.5%) |
| Vacant Housing Units | 105 (15.9%) |
| Median Home Value | $159,845 |
| Average Home Value | $220,045 |
Housing Distribution
Address Breakdown
Residential
333
Single Family
333
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Andy Flack • HomeLand Properties, Inc
Mls Name: HAR
Mls Provider:
Mls ID: #21482922
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