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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% |
Rental property for sale in Springtown at 969 Three Skillet Rd, Springtown, TX, 76082 priced at $540,000 pairs $2,326/mo rent with after a $2,643/mo payment. Total monthly income equals $2,326/mo. Return on cash invested is 9.83% in year one, and rental yield stands at 5.17% on a $540,000 basis. Equity gained on principal adds $3,485/yr, and 5% annual appreciation accumulates to $149,192 by year five. Five-year ROI measures 49.99% and total cumulative return in cash reaches $88,814. For financing, Ziffy Mortgage’s DSCR program evaluates $2,326/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
5.72 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-10-15 | Listed for sale | $540,000 |
| 2024-10-08 | Pending sale | $540,000 |
| 2024-09-22 | Price change | $540,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $548,190 | 7.55% |
| 2023-10-22 | $847.92 | N/A | $509,728 | 14.50% |
| 2022-10-22 | N/A | N/A | $445,183 | 16.30% |
Listed by: Holly Marsh • Real
Mls Name: NTREIS
Mls ID: #20715489
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.
