15536 Halstead LnJustinTX76247
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
Investment property for sale in Justin at 15536 Halstead Ln, Justin, TX, 76247 uses $129,381 cash to close to unlock $3,089/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $3,088/mo, and a $1,910/mo payment keeps the spread at $257/mo. Purchase price stands at $390,290, and rental yield measures 9.49% with $3,088/mo rent. Return on cash invested shows 22.3% in year one, and 5% annual appreciation builds toward $107,830 over five years. Five-year ROI reaches 117.06% and total cumulative return in cash records $151,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,088/mo property income covering a $1,910/mo payment rather than investor’s personal income.
Single Family
Built in 2024
5,998 sqft lot
$N/A/sqft
$665 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20683432
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.