511 Hillside DrBig SpringTX79720
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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 Big Spring at 511 Hillside Dr, Big Spring, TX, 79720 with 5% annual appreciation on a $215,000 basis while $2,680/mo rent supports operations. Total monthly income totals $2,680/mo and a $1,052/mo payment preserves $1,151/mo for cash returns. Annual cash flow comes to $13,817/yr on $71,273 deployed, and return on cash invested reaches 39.3% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 14.96%. Five-year ROI measures 208.04% and total cumulative return in cash totals $148,273.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,680/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1928
7,884 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 |
Housing Distribution
Address Breakdown
Residential
12,084
Single Family
11,309
Multi-Family
775
Businesses
904
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Listed by: Julie Harris • Atkins Realty
Mls Name: PBBR
Mls Provider:
Mls ID: #50069715
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.