711 Gibner DrSpearmanTX79081
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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 Spearman at 711 Gibner Dr, Spearman, TX, 79081 offers $1,808/mo rent that, after a $1,468/mo payment. Total monthly income is $1,808/mo. Return on cash invested measures 15.99% in year one, and rental yield stands at 7.23% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 83.02% and total cumulative return in cash reaches $82,560. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,808/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.29 Acres 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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