202 Salt Creek RdSpringtownTX76082
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 202 Salt Creek Rd, Springtown, TX, 76082 at $239,900 posts ROI 20.09% with $12/mo cash flow from $1,718/mo rent. Total monthly income equals $1,718/mo, and annual cash flow records $147/yr on $79,527 to close. Return on cash invested measures 20.09% and rental yield reads 8.59% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 105.08% and total cumulative return in cash totals $83,563.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,718/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1997
3.59 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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Nearby investment properties with comparable prices
Listed by: Tim Allread • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #21013264