240 Springwood Ranch LoopSpringtownTX76082
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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
Rental property for sale in Springtown at 240 Springwood Ranch Loop, Springtown, TX, 76082 priced at $400,000 pairs $3,086/mo rent with $241/mo cash flow after a $1,958/mo payment. Total monthly income equals $3,086/mo, and annual cash flow comes to $2,896/yr on $132,600 invested. Return on cash invested is 22.09% in year one, and rental yield stands at 9.26% on a $400,000 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,513 by year five. Five-year ROI measures 115.79% and total cumulative return in cash reaches $153,532. For financing, Ziffy Mortgage’s DSCR program evaluates $3,086/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
1.00 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: Teri Leon • Better Homes & Gardens, Winans
Mls Name: NTREIS
Mls ID: #21101836