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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 1027 Alex Dr, Springtown, TX, 76082 generates $2,280/mo in rent, after a $3,074/mo payment. Total monthly income is $2,280/mo. Return on cash invested sits at 7.36% in year one, and rental yield is 4.36% on a $628,000 entry. Equity gained on principal adds $4,052/yr, while 5% annual appreciation builds toward $173,505 over five years. Five-year ROI reaches 36.74% and total cumulative return in cash sums $75,919. 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 2022
1.02 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 |
|---|---|---|
| 2023-05-19 | Sold | N/A |
| 2023-04-22 | Pending sale | $540,000 |
| 2023-03-08 | Price change | $540,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brittany Theriault • MARK SPAIN REAL ESTATE
Mls Name: NTREIS
Mls ID: #20945333
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.
