626 NW 3rd StBig 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
Rental property for sale in Big Spring at 626 NW 3rd St, Big Spring, TX, 79720 offers $1,636/mo rent that, after a $489/mo payment, leaves $925/mo cash flow. Total monthly income is $1,636/mo, and annual cash flow is $11,104/yr on $33,150 cash. Return on cash invested measures 53.41% in year one, and rental yield stands at 19.63% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 283.78% and total cumulative return in cash reaches $94,072. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,636/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
9,583 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: Timothy Lester • Keller Williams Realty
Mls Name: PBBR
Mls Provider:
Mls ID: #50074279
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.