








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 1112 Water Canna Dr, Justin, TX, 76247 generates $5,165/mo in rent and, after a $2,286/mo payment, leaves $1,777/mo in cash flow. Total monthly income is $5,165/mo, and annual cash flow is $21,326/yr on $154,810 invested. Return on cash invested sits at 33.68% in year one, and rental yield is 13.27% on a $466,999 entry. Equity gained on principal adds $3,013/yr, while 5% annual appreciation builds toward $129,023 over five years. Five-year ROI reaches 178.14% and total cumulative return in cash sums $275,775. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,165/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
6,011 sqft lot
$N/A/sqft
$800 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 |
|---|---|---|
| 2024-07-31 | Price change | $466,999 |
| 2024-06-15 | Listed for sale | $486,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20694552
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.