The Concho 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 Concho Plan, Covenant Park, Springtown, TX, 76082 offers $4,442/mo rent that, after a $1,723/mo payment, leaves $1,939/mo cash flow. Total monthly income is $4,442/mo, and annual cash flow is $23,265/yr on $116,688 cash. Return on cash invested measures 39.85% in year one, and rental yield stands at 15.14% at a $352,000 entry. Equity gained on principal adds $2,271/yr while 5% annual appreciation compounds into $97,251 by year five. Five-year ROI records 210.96% and total cumulative return in cash reaches $246,162. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,442/mo property income versus a $1,723/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and 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
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Listed by: Chase Hughes • Trinity Classic Builds
Mls Name: Trinity Classic Homes
Mls ID: #N/A