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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 Northlake at 2001 Lindsey Ln, Northlake, TX, 76247 priced at $652,686 converts $5,609/mo rent into $779/mo cash flow after a $3,195/mo obligation. Total monthly income equals $5,609/mo, and annual cash flow totals $9,347/yr on $214,734 invested. Return on cash invested prints 24.41% in year one, and rental yield reads 10.31% against a $652,686 entry. Equity gained on principal adds $4,212/yr, while 5% annual appreciation compiles into $180,325 by year five. Five-year ROI reaches 128.56% and total cumulative return in cash sums $276,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,609/mo property income covering a $3,195/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
$2,260 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 |
|---|---|---|
| 2024-08-02 | Price change | $652,686 |
| 2024-06-27 | Price change | $657,686 |
| 2024-03-27 | Listed for sale | $652,686 |
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: #20628851
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.
