409 Washington Blvd, Big Spring, TX, 79720 | $376/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Big Spring at 409 Washington Blvd, Big Spring, TX, 79720 uses $77,571 cash to close to unlock $4,516/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,145/mo payment keeps the spread at $376/mo. Purchase price stands at $234,000, and rental yield measures 10.46% with $2,040/mo rent. Return on cash invested shows 25.73% in year one, and 5% annual appreciation builds toward $64,650 over five years. Five-year ROI reaches 135.3% and total cumulative return in cash records $104,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,145/mo payment rather than investor’s personal income.

Single Family

Built in 1929

8,407 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