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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% |
Investment property for sale in Springtown at 283 Sandlin Ln, Springtown, TX, 76082 at $514,999 posts ROI 21.3% with $175/mo cash flow from $3,838/mo rent. Total monthly income equals $3,838/mo, and annual cash flow records $2,105/yr on $169,435 to close. Return on cash invested measures 21.3% and rental yield reads 8.94% at the current $514,999. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 by year five. Five-year ROI prints 111.51% and total cumulative return in cash totals $188,929.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,838/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
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 |
|---|---|---|
| 2024-12-10 | Price change | $514,999 |
| 2024-11-29 | Listed for sale | $519,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $4490.56 | 13.28% | $440,530 | N/A |
| 2023-12-27 | $3963.95 | -16.00% | $440,530 | 51.70% |
| 2022-12-27 | $4718.86 | -4.28% | $290,400 | 0.17% |
Listed by: Cinda Murphy • All City Real Estate Ltd. Co.
Mls Name: NTREIS
Mls ID: #20787321
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.
