434 S Bernice StSpearmanTX79081
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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 Spearman at 434 S Bernice St, Spearman, TX, 79081 with 5% annual appreciation on a $170,000 basis while $1,282/mo rent supports operations. Total monthly income totals $1,282/mo and a $832/mo payment preserves $73/mo for cash returns. Annual cash flow comes to $878/yr on $56,355 deployed, and return on cash invested reaches 21.47% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 9.05%. Five-year ROI measures 112.47% and total cumulative return in cash totals $63,381.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,282/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79081, Spearman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,546 (100%) |
| Owner Occupied HU | 979 (63.3%) |
| Renter Occupied HU | 302 (19.5%) |
| Vacant Housing Units | 265 (17.1%) |
| Median Home Value | $122,943 |
| Average Home Value | $183,573 |
Housing Distribution
Address Breakdown
Residential
1,235
Single Family
1,235
Multi-Family
0
Businesses
201
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