190 Springfield Ct NSpringtownTX76082
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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 190 Springfield Ct N, Springtown, TX, 76082 at $290,000 posts ROI 39.03% with $1,532/mo cash flow from $3,594/mo rent. Total monthly income equals $3,594/mo, and annual cash flow records $18,386/yr on $96,135 to close. Return on cash invested measures 39.03% and rental yield reads 14.87% at the current $290,000. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 by year five. Five-year ROI prints 206.65% and total cumulative return in cash totals $198,664.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,594/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
0.99 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: Amy Yeager • Scott Real Estate
Mls Name: NTREIS
Mls ID: #20603631
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.