Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2012 Gray Dr, Northlake, TX, 76247 offers $3,088/mo rent that, after a $2,861/mo payment. Total monthly income is $3,088/mo. Return on cash invested measures 11.95% in year one, and rental yield stands at 6.34% at a $584,514 entry. Equity gained on principal adds $3,772/yr while 5% annual appreciation compounds into $161,490 by year five. Five-year ROI records 61.86% and total cumulative return in cash reaches $118,954. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,088/mo property income versus a $2,861/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
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 |
|---|---|---|
| 2025-03-24 | Listed for sale | $584,514 |
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: #20959756
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.
