








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 The Brazos Plan, Covenant Springs, Springtown, TX, 76082 priced at $356,000 converts $4,087/mo rent into $1,556/mo cash flow after a $1,742/mo obligation. Total monthly income equals $4,087/mo, and annual cash flow totals $18,670/yr on $118,014 invested. Return on cash invested prints 35.73% in year one, and rental yield reads 13.78% against a $356,000 entry. Equity gained on principal adds $2,297/yr, while 5% annual appreciation compiles into $98,356 by year five. Five-year ROI reaches 188.88% and total cumulative return in cash sums $222,902. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,087/mo property income covering a $1,742/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A 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 |
|---|---|---|
| 2024-03-22 | Listed for sale | $356,000 |
| 2024-02-04 | Listing removed | N/A |
| 2024-02-03 | Listed for sale | $333,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Chase Hughes • Trinity Classic Builds
Mls Name: Trinity Classic Homes
Mls ID: #N/A