Springsteen Plan, Flint Ridge: Classic Collection, Salado, TX, 76571 | 7.34% Rental Yield

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Springsteen Plan, Flint Ridge: Classic Collection, Salado, TX, 76571 | 7.34% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Salado at Springsteen Plan, Flint Ridge: Classic Collection, Salado, TX, 76571 listed at $334,990 pairs $2,050/mo rent with a $1,640/mo payment. Total monthly income runs $2,050/mo. Return on cash invested measures 16.32% in year one, and rental yield registers 7.34% at a $334,990 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,552 by year five. Five-year ROI tracks 84.8% and total cumulative return in cash totals $94,169. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,050/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

This new four-bedroom home offers convenient single-floor living. Three bedrooms are located at the front of the home off the foyer, near a versatile flex space ideally suited as an office or studio. An open-concept living area blends the kitchen, living and dining areas, with a nearby covered patio providing simple indoor-outdoor living. The luxurious owner's suite completes the home, offering access to a spa-inspired bathroom and walk-in closet.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76571, Salado, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,913 (100%)
Owner Occupied HU	3,095 (79.1%)
Renter Occupied HU	574 (14.7%)
Vacant Housing Units	244 ( 6.2%)
Median Home Value	$445,392
Average Home Value	$511,914