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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 16608 Milwaukee St, Justin, TX, 76247 offers a 10.9% rental yield on a $339,900 purchase with $3,088/mo rent. Total monthly income registers $3,088/mo, and a $1,664/mo payment leaves $526/mo available for distribution. Annual cash flow reaches $6,306/yr on $112,677 to close, and return on cash invested stands at 25.51% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 134.65% and total cumulative return in cash at $151,715. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,088/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
5,488 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 |
|---|---|---|
| 2024-11-02 | Price change | $339,900 |
| 2024-10-08 | Listed for sale | $343,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-20 | N/A | N/A | $346,522 | -6.36% |
| 2023-11-20 | $6882.72 | 634.99% | $370,038 | 836.38% |
| 2022-11-20 | $936.44 | N/A | $39,518 | N/A |
Listed by: Carol Holloway Stoneham • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20747747
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.
