1275 Old Reno RdSpringtownTX76082
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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 Springtown at 1275 Old Reno Rd, Springtown, TX, 76082 offers a 6.56% rental yield on a $851,100 purchase with $4,650/mo rent. 05% in year one. Equity gained on principal adds $5,492/yr while 5% annual appreciation supports $235,143 over five years. Portfolio math shows five-year ROI at 72.61% and total cumulative return in cash at $203,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,650/mo property income against a $4,166/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
221,720 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
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Listed by: N/A • N/A
Mls Name: HomeSmart
Mls Provider:
Mls ID: #20902036