621 N Avenue BSpringtownTX76082
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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 Springtown at 621 N Avenue B, Springtown, TX, 76082 priced at $325,000 converts $2,176/mo rent into after a $1,591/mo obligation. Total monthly income equals $2,176/mo. Return on cash invested prints 18.4% in year one, and rental yield reads 8.03% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 95.98% and total cumulative return in cash sums $103,405. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,176/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 2019
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76082, Springtown, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,245
Single Family
9,186
Multi-Family
59
Businesses
598
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Listed by: Sherry Roof • Mark Spain Real Estate
Mls Name: NTREIS
Mls ID: #21148003