Camellia FE Plan, Covenant SpringsSpringtownTX76082
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
Investment property for sale in Springtown at Camellia FE Plan, Covenant Springs, Springtown, TX, 76082 listed at $480,900 pairs $3,838/mo rent with a $2,354/mo payment to leave $418/mo cash flow. Total monthly income runs $3,838/mo, and annual cash flow reaches $5,016/yr on $159,418 cash to close. Return on cash invested measures 23.06% in year one, and rental yield registers 9.58% at a $480,900 basis. Equity gained on principal adds $3,103/yr, and annual property appreciation at 5% supports $132,864 by year five. Five-year ROI tracks 120.9% and total cumulative return in cash totals $192,743. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,838/mo property income relative to a $2,354/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Riverside Homebuilders
Mls Name: Riverside Homebuilders
Mls Provider:
Mls ID: #N/A