248 Private Road 3762SpringtownTX76082
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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 248 Private Road 3762, Springtown, TX, 76082 offers a 11.88% rental yield on a $272,000 purchase with $2,693/mo rent. Total monthly income registers $2,693/mo, and a $1,331/mo payment leaves $759/mo available for distribution. Annual cash flow reaches $9,109/yr on $90,168 to close, and return on cash invested stands at 30.01% in year one. Equity gained on principal adds $1,755/yr while 5% annual appreciation supports $75,149 over five years. Portfolio math shows five-year ROI at 158.27% and total cumulative return in cash at $142,709. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,693/mo property income against a $1,331/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
3.03 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: Dj Hull • Ready Real Estate LLC
Mls Name: NTREIS
Mls ID: #20627374
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.