312 Spring Run DrDecaturTX76234
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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 Decatur at 312 Spring Run Dr, Decatur, TX, 76234 with 5% annual appreciation on a $414,000 basis while $2,472/mo rent supports operations. 4% in year one. Equity gained on principal adds $2,671/yr, and five-year appreciation sums $114,381 alongside rental yield of 7.17%. Five-year ROI measures 80.04% and total cumulative return in cash totals $109,843. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,472/mo property income versus a $2,026/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
5,706 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76234, Decatur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,060 (100%) |
| Owner Occupied HU | 5,721 (71.0%) |
| Renter Occupied HU | 1,737 (21.6%) |
| Vacant Housing Units | 602 ( 7.5%) |
| Median Home Value | $402,786 |
| Average Home Value | $464,320 |
Housing Distribution
Address Breakdown
Residential
8,074
Single Family
7,756
Multi-Family
318
Businesses
1,018
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Listed by: Cason Caraway • Post Oak Realty- West
Mls Name: NTREIS
Mls ID: #20946496
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.