132 Oak Grove WaySpringtownTX76082
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
Rental property for sale in Springtown at 132 Oak Grove Way, Springtown, TX, 76082 priced at $510,325 converts $3,838/mo rent into $209/mo cash flow after a $2,498/mo obligation. Total monthly income equals $3,838/mo, and annual cash flow totals $2,505/yr on $167,897 invested. Return on cash invested prints 21.55% in year one, and rental yield reads 9.02% against a $510,325 entry. Equity gained on principal adds $3,293/yr, while 5% annual appreciation compiles into $140,993 by year five. Five-year ROI reaches 112.83% and total cumulative return in cash sums $189,441. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,838/mo property income covering a $2,498/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A 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 • Riverside Homebuilders
Mls Name: Riverside Homebuilders
Mls Provider:
Mls ID: #N/A