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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 Justin at 1023 Wheatland Dr, Justin, TX, 76247 generates $2,460/mo in rent, after a $2,178/mo payment. Total monthly income is $2,460/mo. Return on cash invested sits at 13.64% in year one, and rental yield is 6.63% on a $444,990 entry. Equity gained on principal adds $2,871/yr, while 5% annual appreciation builds toward $122,943 over five years. Five-year ROI reaches 70.6% and total cumulative return in cash sums $104,141. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,460/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
$400 semi-annually HOA
Neighborhood data shown for ZIP Code: 76247, Justin, TX area.
| 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 |
Residential
10,759
Single Family
10,453
Multi-Family
306
Businesses
404
Date | Event | Price |
|---|---|---|
| 2025-07-10 | Listed for sale | $444,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Randol Vick • Randol J. Vick, Broker
Mls Name: NTREIS
Mls ID: #21058723
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
