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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 391 Highland Dr, Springtown, TX, 76082 with 5% annual appreciation on a $300,000 basis while $2,280/mo rent supports operations. Total monthly income totals $2,280/mo and a $1,468/mo payment preserves $147/mo for cash returns. Annual cash flow comes to $1,764/yr on $99,450 deployed, and return on cash invested reaches 21.68% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 9.12%. Five-year ROI measures 113.54% and total cumulative return in cash totals $112,920.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,280/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2018
1.75 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 |
|---|---|---|
| 2024-08-21 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $4290.91 | 17.35% | $278,400 | 35.77% |
| 2022-08-30 | $3656.36 | -0.93% | $205,060 | N/A |
| 2021-08-30 | $3690.75 | 27.48% | $205,060 | 37.09% |
Listed by: Daniel Harker • Keller Williams Realty DPR
Mls Name: NTREIS
Mls ID: #20701386
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.
