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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 1921 Elk Lake Trl, Justin, TX, 76247 listed at $295,000 pairs $2,320/mo rent with a $1,444/mo payment to leave $197/mo cash flow. Total monthly income runs $2,320/mo, and annual cash flow reaches $2,365/yr on $97,793 cash to close. Return on cash invested measures 22.33% in year one, and rental yield registers 9.44% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 117.16% and total cumulative return in cash totals $114,578. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,320/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
5,706 sqft lot
$N/A/sqft
$75 quarterly 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 |
|---|---|---|
| 2024-11-22 | Price change | $295,000 |
| 2024-10-23 | Price change | $300,000 |
| 2024-08-14 | Price change | $289,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $299.30 | N/A | $256,218 | 10.00% |
| 2023-02-13 | $299.30 | -81.35% | $232,925 | 10.00% |
| 2022-02-13 | $1605.05 | N/A | $211,750 | 10.00% |
Listed by: Paul Ruth • RE/MAX Dallas Suburbs
Mls Name: NTREIS
Mls ID: #20784241
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.
