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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Springtown at 173 Fair Haven Ln, Springtown, TX, 76082 with 5% annual appreciation on a $182,000 basis while $3,065/mo rent supports operations. Total monthly income totals $3,065/mo and a $891/mo payment preserves $1,770/mo for cash returns. Annual cash flow comes to $21,245/yr on $60,333 deployed, and return on cash invested reaches 55.12% in year one. Equity gained on principal adds $1,174/yr, and five-year appreciation sums $50,283 alongside rental yield of 20.21%. Five-year ROI measures 292.91% and total cumulative return in cash totals $176,721.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,065/mo property income versus a $891/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1994
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76082, Springtown, TX area.
| 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 |
Residential
9,245
Single Family
9,186
Multi-Family
59
Businesses
598
Date | Event | Price |
|---|---|---|
| 2024-08-12 | Listed for sale | $182,000 |
| 2021-09-10 | Sold | N/A |
| 2021-09-02 | Pending sale | $187,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $3022.89 | 32.49% | $196,130 | 53.27% |
| 2022-08-14 | $2281.61 | 153.53% | $127,960 | 155.92% |
| 2021-08-14 | $899.92 | 29.15% | $50,000 | 38.89% |
Listed by: Dana Forehand • Weichert REALTORS, Team Realty
Mls Name: NTREIS
Mls ID: #20700225
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.
