5260 Springlake PkwyHaltom CityTX76117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Haltom City at 5260 Springlake Pkwy, Haltom City, TX, 76117 priced at $238,990 pairs $2,299/mo rent with $349/mo cash flow after a $1,170/mo payment. Total monthly income equals $2,299/mo, and annual cash flow comes to $4,191/yr on $79,225 invested. Return on cash invested is 25.2% in year one, and rental yield stands at 11.54% on a $238,990 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,029 by year five. Five-year ROI measures 133.83% and total cumulative return in cash reaches $106,029. For financing, Ziffy Mortgage’s DSCR program evaluates $2,299/mo property income against a $1,170/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
1,189 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76117, Haltom City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,617 (100%) |
| Owner Occupied HU | 6,697 (49.2%) |
| Renter Occupied HU | 6,211 (45.6%) |
| Vacant Housing Units | 709 ( 5.2%) |
| Median Home Value | $242,487 |
| Average Home Value | $286,749 |
Housing Distribution
Address Breakdown
Residential
11,766
Single Family
9,778
Multi-Family
1,988
Businesses
1,479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carole Campbell • Colleen Frost Real Estate Serv
Mls Name: NTREIS
Mls ID: #20713495
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.