629 Spring Creek RdFlorenceTX76527
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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
Investment property for sale in Florence at 629 Spring Creek Rd, Florence, TX, 76527 earns from $3,203/mo rent with a $2,762/mo payment. Total monthly income totals $3,203/mo. ROI tracks 14.83% on current figures, and rental yield reads 6.81% at a $564,225 purchase. Equity gained on principal adds $3,641/yr, and 5% annual appreciation supports $155,885 over five years. Five-year ROI reaches 76.78% and total cumulative return in cash sums $142,536. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,203/mo property income instead of your personal income.
Single Family
Built in 1987
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76527, Florence, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,291 (100%) |
| Owner Occupied HU | 1,762 (76.9%) |
| Renter Occupied HU | 343 (15.0%) |
| Vacant Housing Units | 186 ( 8.1%) |
| Median Home Value | $543,403 |
| Average Home Value | $679,562 |
Housing Distribution
Address Breakdown
Residential
1,831
Single Family
1,825
Multi-Family
6
Businesses
136
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