808 S Lancaster St, Big Spring, TX, 79720 | $56/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Big Spring at 808 S Lancaster St, Big Spring, TX, 79720 priced at $279,000 converts $2,040/mo rent into $56/mo cash flow after a $1,366/mo obligation. Total monthly income equals $2,040/mo, and annual cash flow totals $667/yr on $92,489 invested. Return on cash invested prints 20.63% in year one, and rental yield reads 8.77% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 107.93% and total cumulative return in cash sums $99,823. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $1,366/mo payment, not borrower’s personal income.

Single Family

Built in 1927

0.26 Acres 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