11802 Bone Spring DrJustinTX76247
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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 Justin at 11802 Bone Spring Dr, Justin, TX, 76247 generates $2,460/mo in rent and, after a $1,253/mo payment, leaves $592/mo in cash flow. Total monthly income is $2,460/mo, and annual cash flow is $7,102/yr on $84,864 invested. Return on cash invested sits at 28.28% in year one, and rental yield is 11.53% on a $255,999 entry. Equity gained on principal adds $1,652/yr, while 5% annual appreciation builds toward $70,728 over five years. Five-year ROI reaches 149.16% and total cumulative return in cash sums $126,585. 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 2024
5,445 sqft lot
$N/A/sqft
$143 quarterly 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
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Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20780718
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.