Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 516 Derby Ln, Springtown, TX, 76082 priced at $293,990 pairs $3,838/mo rent with $1,710/mo cash flow after a $1,439/mo payment. Total monthly income equals $3,838/mo, and annual cash flow comes to $20,518/yr on $97,458 invested. Return on cash invested is 40.96% in year one, and rental yield stands at 15.67% on a $293,990 basis. Equity gained on principal adds $1,897/yr, and 5% annual appreciation accumulates to $81,224 by year five. Five-year ROI measures 217.1% and total cumulative return in cash reaches $211,581. For financing, Ziffy Mortgage’s DSCR program evaluates $3,838/mo property income against a $1,439/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
5,736 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 |
|---|---|---|
| 2024-10-30 | Price change | $293,990 |
| 2024-10-28 | Listed for sale | $318,990 |
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: #20764245
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.
