1005 Springfield RdSpringtownTX76082
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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 Springtown at 1005 Springfield Rd, Springtown, TX, 76082 uses $119,970 cash to close to unlock $3,993/yr annual cash flow and $333/mo monthly cash flow. Total monthly income runs $2,906/mo, and a $1,771/mo payment keeps the spread at $333/mo. Purchase price stands at $361,900, and rental yield measures 9.64% with $2,906/mo rent. Return on cash invested shows 23.24% in year one, and 5% annual appreciation builds toward $99,986 over five years. Five-year ROI reaches 121.91% and total cumulative return in cash records $146,250. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,906/mo property income covering a $1,771/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76082, Springtown, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,102 (100%) |
| Owner Occupied HU | 7,143 (78.5%) |
| Renter Occupied HU | 1,423 (15.6%) |
| Vacant Housing Units | 536 ( 5.9%) |
| Median Home Value | $347,703 |
| Average Home Value | $447,119 |
Housing Distribution
Address Breakdown
Residential
9,245
Single Family
9,186
Multi-Family
59
Businesses
598
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Listed by: Rachel Eigenmann • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20947830
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.