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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% |
Rental property for sale in Springtown at 206 Summit Ridge Ct, Springtown, TX, 76082 generates $2,280/mo in rent and, after a $1,125/mo payment, leaves $645/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $7,745/yr on $76,212 invested. Return on cash invested sits at 30.07% in year one, and rental yield is 11.9% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 158.57% and total cumulative return in cash sums $120,851. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
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 |
|---|---|---|
| 2025-08-04 | Listed for sale | $229,900 |
| 2025-06-18 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-05 | $3142.69 | 0.59% | $202,710 | N/A |
| 2023-08-05 | $3124.31 | 15.86% | $202,710 | 34.04% |
| 2022-08-05 | $2696.53 | -0.93% | $151,230 | N/A |
Listed by: Mark Hewitt • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #21017442
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.
