745 N Ash TerSpringtownTX76082
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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 Springtown at 745 N Ash Ter, Springtown, TX, 76082 uses $73,169 cash to close to unlock $1,963/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,864/mo, and a $1,080/mo payment keeps the spread at $164/mo. Purchase price stands at $220,720, and rental yield measures 10.13% with $1,864/mo rent. Return on cash invested shows 22.59% in year one, and 5% annual appreciation builds toward $60,981 over five years. Five-year ROI reaches 119.24% and total cumulative return in cash records $87,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,864/mo property income covering a $1,080/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.54 Acres 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: Jo Henry • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20824629
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.