1399 Highland CirSpringtownTX76082
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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 1399 Highland Cir, Springtown, TX, 76082 listed at $199,900 pairs $1,528/mo rent with a $978/mo payment to leave $107/mo cash flow. Total monthly income runs $1,528/mo, and annual cash flow reaches $1,283/yr on $66,267 cash to close. Return on cash invested measures 21.84% in year one, and rental yield registers 9.17% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 114.41% and total cumulative return in cash totals $75,817. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,528/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1997
1.00 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: Mark Hewitt • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20992792