420 County Road 4560SpurgerTX77660
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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 420 County Road 4560, Spurger, TX, 77660 generates $1,883/mo in rent, after a $1,366/mo payment. Total monthly income is $1,883/mo. Return on cash invested sits at 18.59% in year one, and rental yield is 8.1% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 97.02% and total cumulative return in cash sums $89,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,883/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
6.76 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
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Listed by: Jessica Hight • Legacy Real Estate Group
Mls Name: LAR
Mls Provider:
Mls ID: #5103480
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.