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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 3331 Jay Bird Ln, Springtown, TX, 76082 priced at $595,000 converts $2,280/mo rent into after a $2,912/mo obligation. Total monthly income equals $2,280/mo. Return on cash invested prints 8.1% in year one, and rental yield reads 4.6% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 40.72% and total cumulative return in cash sums $79,718. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 1980
11 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 |
|---|---|---|
| 2024-06-08 | Listed for sale | $595,000 |
| 2024-05-02 | Listing removed | N/A |
| 2024-02-27 | Listed for sale | $595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $814.09 | 0.59% | $52,510 | N/A |
| 2023-02-13 | $809.33 | -1.56% | $52,510 | -45.82% |
| 2022-02-13 | $822.17 | -52.87% | $96,920 | N/A |
Listed by: Kendall Parker • Alliance Properties
Mls Name: NTREIS
Mls ID: #20640481
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.
