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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Springtown at 1009 Morgan Ct, Springtown, TX, 76082 generates $2,280/mo in rent, after a $1,578/mo payment. Total monthly income is $2,280/mo. Return on cash invested sits at 19.76% in year one, and rental yield is 8.48% on a $322,500 entry. Equity gained on principal adds $2,081/yr, while 5% annual appreciation builds toward $89,101 over five years. Five-year ROI reaches 103.31% and total cumulative return in cash sums $110,444. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76082, Springtown, TX area.
| 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 |
Residential
9,245
Single Family
9,186
Multi-Family
59
Businesses
598
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Toni Mauldin • Slate Real Estate
Mls Name: NTREIS
Mls ID: #21112823
