415 Cowan AveSpurTX79370
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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 Spur at 415 Cowan Ave, Spur, TX, 79370 offers a 9.07% rental yield on a $109,000 purchase with $824/mo rent. Total monthly income registers $824/mo, and a $534/mo payment leaves $48/mo available for distribution. Annual cash flow reaches $581/yr on $36,134 to close, and return on cash invested stands at 21.52% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,115 over five years. Portfolio math shows five-year ROI at 112.81% and total cumulative return in cash at $40,762. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $824/mo property income against a $534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79370, Spur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,009 (100%) |
| Owner Occupied HU | 446 (44.2%) |
| Renter Occupied HU | 137 (13.6%) |
| Vacant Housing Units | 426 (42.2%) |
| Median Home Value | $82,727 |
| Average Home Value | $151,805 |
Housing Distribution
Address Breakdown
Residential
666
Single Family
666
Multi-Family
0
Businesses
75
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Listed by: Tony Dietz • Integrity Real Estate Partners
Mls Name: LBMLS
Mls Provider:
Mls ID: #202553437
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.