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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 504 Derby Ln, Springtown, TX, 76082 offers $4,278/mo rent that, after a $1,558/mo payment, leaves $1,977/mo cash flow. Total monthly income is $4,278/mo, and annual cash flow is $23,722/yr on $105,526 cash. Return on cash invested measures 42.39% in year one, and rental yield stands at 16.13% at a $318,330 entry. Equity gained on principal adds $2,054/yr while 5% annual appreciation compounds into $87,949 by year five. Five-year ROI records 224.75% and total cumulative return in cash reaches $237,175. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,278/mo property income versus a $1,558/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,538 sqft lot
$N/A/sqft
$450 annually 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 |
|---|---|---|
| 2024-08-02 | Price change | $318,330 |
| 2024-06-28 | Price change | $326,330 |
| 2024-03-27 | Pending sale | $325,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20493372
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.
