11830 Gammon AveJustinTX76247
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 11830 Gammon Ave, Justin, TX, 76247 priced at $271,999 converts $2,460/mo rent into $526/mo cash flow after a $1,331/mo obligation. Total monthly income equals $2,460/mo, and annual cash flow totals $6,313/yr on $90,168 invested. Return on cash invested prints 26.91% in year one, and rental yield reads 10.85% against a $271,999 entry. Equity gained on principal adds $1,755/yr, while 5% annual appreciation compiles into $75,148 by year five. Five-year ROI reaches 141.63% and total cumulative return in cash sums $127,709. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,460/mo property income covering a $1,331/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A 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
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