716 Hillside DrBig SpringTX79720
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 716 Hillside Dr, Big Spring, TX, 79720 priced at $250,900 converts $3,004/mo rent into $1,220/mo cash flow after a $1,228/mo obligation. Total monthly income equals $3,004/mo, and annual cash flow totals $14,638/yr on $83,173 invested. Return on cash invested prints 37.51% in year one, and rental yield reads 14.37% against a $250,900 entry. Equity gained on principal adds $1,619/yr, while 5% annual appreciation compiles into $69,319 by year five. Five-year ROI reaches 198.43% and total cumulative return in cash sums $165,040. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,004/mo property income covering a $1,228/mo payment, not borrower’s personal income.
Single Family
Built in 1956
9,975 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A