








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 Northlake at 1901 Elm Pl, Northlake, TX, 76247 priced at $546,484 converts $5,683/mo rent into $1,565/mo cash flow after a $2,675/mo obligation. Total monthly income equals $5,683/mo, and annual cash flow totals $18,780/yr on $179,793 invested. Return on cash invested prints 30.51% in year one, and rental yield reads 12.48% against a $546,484 entry. Equity gained on principal adds $3,526/yr, while 5% annual appreciation compiles into $150,983 by year five. Five-year ROI reaches 161.4% and total cumulative return in cash sums $290,194. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,683/mo property income covering a $2,675/mo payment, not borrower’s personal income.
Single Family
Built in 2024
4,399 sqft lot
$N/A/sqft
$2,780 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 |
|---|---|---|
| 2024-07-18 | Listed for sale | $546,484 |
| 2024-04-10 | Listing removed | $546,484 |
| 2024-04-01 | Price change | $546,484 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20570717
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.