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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 309 Red Bird Dr, Springtown, TX, 76082 generates $4,805/mo in rent, after a $3,670/mo payment. Total monthly income is $4,805/mo. Return on cash invested sits at 17.5% in year one, and rental yield is 7.69% on a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation builds toward $207,184 over five years. Five-year ROI reaches 91.08% and total cumulative return in cash sums $224,710. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,805/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
1.05 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $749,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | N/A | N/A | $596,930 | N/A |
| 2023-04-04 | N/A | N/A | $596,930 | 41.47% |
| 2022-04-04 | N/A | N/A | $421,960 | N/A |
Listed by: Redonna Dunlap • JPAR Fort Worth
Mls Name: NTREIS
Mls ID: #20890128
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.
