The Brazos Plan, Covenant ParkSpringtownTX76082
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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
Rental property for sale in Springtown at The Brazos Plan, Covenant Park, Springtown, TX, 76082 priced at $345,000 pairs $4,232/mo rent with $1,778/mo cash flow after a $1,689/mo payment. Total monthly income equals $4,232/mo, and annual cash flow comes to $21,339/yr on $114,368 invested. Return on cash invested is 38.57% in year one, and rental yield stands at 14.72% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 204.12% and total cumulative return in cash reaches $233,452. For financing, Ziffy Mortgage’s DSCR program evaluates $4,232/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Chase Hughes • Trinity Classic Builds
Mls Name: Trinity Classic Homes
Mls ID: #N/A