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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 2005 Gray Dr, Northlake, TX, 76247 generates $3,088/mo in rent, after a $2,937/mo payment. Total monthly income is $3,088/mo. Return on cash invested sits at 12.89% in year one, and rental yield is 6.18% on a $599,990 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,766 over five years. Five-year ROI reaches 66.43% and total cumulative return in cash sums $131,133. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,088/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
4,399 sqft 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: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #21025990
