148 Oak Meadows DrSpringtownTX76082
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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 148 Oak Meadows Dr, Springtown, TX, 76082 listed at $218,000 pairs $1,880/mo rent with a $1,067/mo payment to leave $330/mo cash flow. Total monthly income runs $1,880/mo, and annual cash flow reaches $3,957/yr on $72,267 cash to close. Return on cash invested measures 25.38% in year one, and rental yield registers 10.35% at a $218,000 basis. Equity gained on principal adds $1,407/yr, and annual property appreciation at 5% supports $60,229 by year five. Five-year ROI tracks 133.42% and total cumulative return in cash totals $96,415. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,880/mo property income relative to a $1,067/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1998
1 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: Teresa Shurtz • Stepstone Realty, LLC
Mls Name: NTREIS
Mls ID: #20695956
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.