144 Oak Grove Way, Springtown, TX, 76082 | $257/mo Cash Flow

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144 Oak Grove Way, Springtown, TX, 76082 | $257/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Springtown at 144 Oak Grove Way, Springtown, TX, 76082 generates $3,838/mo in rent and, after a $2,465/mo payment, leaves $257/mo in cash flow. Total monthly income is $3,838/mo, and annual cash flow is $3,082/yr on $165,660 invested. Return on cash invested sits at 21.92% in year one, and rental yield is 9.15% on a $503,525 entry. Equity gained on principal adds $3,249/yr, while 5% annual appreciation builds toward $139,115 over five years. Five-year ROI reaches 114.81% and total cumulative return in cash sums $190,186. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,838/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The 4-bedroom Colorado 2 presents a creative yet sensible layout of the home's 2,417 square feet of living space. Right from the front entrance, you can see the entire main living area. This open concept enhances the spacious feeling and makes it easy to have conversations no matter where you are-perfect for entertaining! The kitchen is a definite eye-catcher in the Colorado 2. We've incorporated a massive center island that doubles your counter space and provides comfortable seating for 4 people at the breakfast bar. You can also enjoy the view of the fireplace in the family room. If a formal dining room is on your new home wish list, check that off. Just a few steps from the kitchen, this floor plan has just the room for those special occasions. If formal isn't your thing, use this as a playroom or a living room. Across the foyer, the Colorado 2 also gives you a flex room to expand on the versatility. With a few small adjustments, you could convert it to a fifth bedroom. The design of the owner's suite is one of the (many) reasons people love this floor plan. The bedroom is nestled in the back of the home under a tray ceiling that accentuates the roominess. The Colorado 2 smartly uses space in the bathroom for both a soaking tub and step-in shower, along with dual vanities and a private water closet. Then your suite is completed with an expansive walk-in closet with wooden shelves and racks ready and waiting for your wardrobe. The 3 secondary bedrooms are cluste...

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