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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 16308 Milwaukee St, Justin, TX, 76247 uses $137,667 cash to close to unlock $1,113/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $3,088/mo, and a $2,033/mo payment keeps the spread at $93/mo. Purchase price stands at $415,285, and rental yield measures 8.92% with $3,088/mo rent. Return on cash invested shows 20.72% in year one, and 5% annual appreciation builds toward $114,736 over five years. Five-year ROI reaches 108.52% and total cumulative return in cash records $149,403. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,088/mo property income covering a $2,033/mo payment rather than investor’s personal income.
Single Family
Built in 2021
5,719 sqft lot
$N/A/sqft
$500 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 |
|---|---|---|
| 2024-12-20 | Price change | $415,285 |
| 2024-11-20 | Price change | $409,990 |
| 2024-09-30 | Pending sale | $413,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20693151
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.
