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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% |
Investment property for sale in Springtown at 1036 Justin Dr, Springtown, TX, 76082 listed at $498,500 pairs $3,600/mo rent with a $2,440/mo payment to leave $55/mo cash flow. Total monthly income runs $3,600/mo, and annual cash flow reaches $660/yr on $165,253 cash to close. Return on cash invested measures 20.31% in year one, and rental yield registers 8.67% at a $498,500 basis. Equity gained on principal adds $3,217/yr, and annual property appreciation at 5% supports $137,726 by year five. Five-year ROI tracks 106.17% and total cumulative return in cash totals $175,457. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $2,440/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
2.24 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 |
|---|---|---|
| 2024-09-30 | Listed for sale | $498,500 |
| 2024-09-03 | Listing removed | $498,500 |
| 2024-07-13 | Price change | $498,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lauren Cunningham • Doty Real Estate LLC
Mls Name: NTREIS
Mls ID: #20645800
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.
