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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 524 Derby Ln, Springtown, TX, 76082 offers a 15.61% rental yield on a $294,990 purchase with $3,838/mo rent. Total monthly income registers $3,838/mo, and a $1,444/mo payment leaves $1,703/mo available for distribution. Annual cash flow reaches $20,431/yr on $97,789 to close, and return on cash invested stands at 40.8% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,500 over five years. Portfolio math shows five-year ROI at 216.26% and total cumulative return in cash at $211,475. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,838/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
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 |
|---|---|---|
| 2024-10-19 | Listed for sale | $294,990 |
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: #20757647
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.
