1004 Canyon DrJustinTX76247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Justin at 1004 Canyon Dr, Justin, TX, 76247 generates $3,080/mo in rent and, after a $1,835/mo payment, leaves $414/mo in cash flow. Total monthly income is $3,080/mo, and annual cash flow is $4,968/yr on $124,279 invested. Return on cash invested sits at 23.91% in year one, and rental yield is 9.86% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 125.47% and total cumulative return in cash sums $155,935. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,080/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76247, Justin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,121 (100%) |
| Owner Occupied HU | 9,700 (80.0%) |
| Renter Occupied HU | 1,582 (13.1%) |
| Vacant Housing Units | 839 ( 6.9%) |
| Median Home Value | $438,515 |
| Average Home Value | $491,845 |
Housing Distribution
Address Breakdown
Residential
10,759
Single Family
10,453
Multi-Family
306
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices