1019 Spring Flower DrKrumTX76249
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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 Krum at 1019 Spring Flower Dr, Krum, TX, 76249 listed at $276,500 pairs $2,683/mo rent with a $1,353/mo payment to leave $717/mo cash flow. Total monthly income runs $2,683/mo, and annual cash flow reaches $8,605/yr on $91,660 cash to close. Return on cash invested measures 29.3% in year one, and rental yield registers 11.64% at a $276,500 basis. Equity gained on principal adds $1,784/yr, and annual property appreciation at 5% supports $76,392 by year five. Five-year ROI tracks 154.45% and total cumulative return in cash totals $141,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,683/mo property income relative to a $1,353/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1998
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76249, Krum, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,952 (100%) |
| Owner Occupied HU | 3,057 (77.4%) |
| Renter Occupied HU | 744 (18.8%) |
| Vacant Housing Units | 151 ( 3.8%) |
| Median Home Value | $449,381 |
| Average Home Value | $571,968 |
Housing Distribution
Address Breakdown
Residential
3,755
Single Family
3,590
Multi-Family
165
Businesses
218
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Listed by: Sonia Ortega • Ready Real Estate
Mls Name: NTREIS
Mls ID: #20922668
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.