312 N Avenue BSpringtownTX76082
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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 312 N Avenue B, Springtown, TX, 76082 earns $228/mo cash flow from $1,469/mo rent with a $854/mo payment. Total monthly income totals $1,469/mo, and annual cash flow totals $2,735/yr on $57,847 capital. ROI tracks 24.64% on current figures, and rental yield reads 10.1% at a $174,500 purchase. Equity gained on principal adds $1,126/yr, and 5% annual appreciation supports $48,211 over five years. Five-year ROI reaches 129.41% and total cumulative return in cash sums $74,862. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,469/mo property income instead of your personal income.
Single Family
Built in 1965
0.25 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: Darlene Carter • Marie Pigg Real Estate
Mls Name: NTREIS
Mls ID: #21049325
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.