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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 124 Joe Newsom Ct, Springtown, TX, 76082 at $599,900 posts ROI 9% with from $2,447/mo rent. Total monthly income equals $2,447/mo. Return on cash invested measures 9% and rental yield reads 4.89% at the current $599,900. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 by year five. Five-year ROI prints 45.55% and total cumulative return in cash totals $89,908. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,447/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
1.41 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 |
|---|---|---|
| 2024-10-14 | Listed for sale | $599,900 |
| 2016-10-01 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $6423.20 | -12.08% | $661,710 | 51.96% |
| 2022-10-22 | $7305.36 | -2.59% | $435,460 | N/A |
| 2021-10-22 | $7499.72 | 2.73% | $435,460 | 10.71% |
Listed by: Redonna Dunlap • JPAR Fort Worth
Mls Name: NTREIS
Mls ID: #20746436
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.
