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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Concho Plan, Covenant Springs, Springtown, TX, 76082 priced at $365,000 pairs $4,321/mo rent with $1,726/mo cash flow after a $1,786/mo payment. Total monthly income equals $4,321/mo, and annual cash flow comes to $20,711/yr on $120,998 invested. Return on cash invested is 37.03% in year one, and rental yield stands at 14.21% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 195.83% and total cumulative return in cash reaches $236,947. For financing, Ziffy Mortgage’s DSCR program evaluates $4,321/mo property income against a $1,786/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 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 | $365,000 |
| 2024-02-04 | Listing removed | N/A |
| 2024-02-03 | Listed for sale | $342,000 |
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
