109 Draven DrSpringtownTX76082
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 109 Draven Dr, Springtown, TX, 76082 listed at $264,999 pairs $1,831/mo rent with a $1,297/mo payment. Total monthly income runs $1,831/mo. Return on cash invested measures 19.18% in year one, and rental yield registers 8.29% at a $264,999 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,214 by year five. Five-year ROI tracks 100.15% and total cumulative return in cash totals $87,975. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,831/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2024
1.29 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: June Robinson • House Brokerage
Mls Name: NTREIS
Mls ID: #21150372