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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% |
Investment property for sale in Justin at 1416 Elkford Ln, Justin, TX, 76247 earns $1,490/mo cash flow from $4,336/mo rent with a $1,933/mo payment. Total monthly income totals $4,336/mo, and annual cash flow totals $17,879/yr on $130,943 capital. ROI tracks 33.56% on current figures, and rental yield reads 13.17% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 177.39% and total cumulative return in cash sums $232,278. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,336/mo property income instead of your personal income.
Single Family
Built in 2011
6,011 sqft lot
$N/A/sqft
$225 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 |
|---|---|---|
| 2024-08-09 | Listed for sale | $395,000 |
| 2022-07-15 | Sold | N/A |
| 2022-07-06 | Pending sale | $365,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $4928.91 | 27.30% | $385,166 | 30.84% |
| 2022-08-15 | $3871.97 | 3.34% | $294,388 | 10.00% |
| 2021-08-15 | $3746.86 | 2.59% | $267,625 | 4.52% |
Listed by: Michael Hershenberg • Real
Mls Name: NTREIS
Mls ID: #20694825
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.
