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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% |
Rental property for sale in Justin at 18950 Doubletree Dr, Justin, TX, 76247 generates $2,557/mo in rent and, after a $1,566/mo payment, leaves $282/mo in cash flow. Total monthly income is $2,557/mo, and annual cash flow is $3,380/yr on $106,080 invested. Return on cash invested sits at 23.1% in year one, and rental yield is 9.59% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 121.13% and total cumulative return in cash sums $128,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,557/mo property income rather than buyer’s personal income.
Manufactured
Built in 2002
1.09 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Angela Hampton • Texas Property Brokers, LLC
Mls Name: NTREIS
Mls ID: #21053309
