205 Shetland LnNorthlakeTX76247
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Northlake at 205 Shetland Ln, Northlake, TX, 76247 with 5% annual appreciation on a $776,467 basis while $6,983/mo rent supports operations. Total monthly income totals $6,983/mo and a $3,800/mo payment preserves $1,462/mo for cash returns. Annual cash flow comes to $17,542/yr on $255,458 deployed, and return on cash invested reaches 26.93% in year one. Equity gained on principal adds $5,010/yr, and five-year appreciation sums $214,524 alongside rental yield of 10.79%. Five-year ROI measures 141.65% and total cumulative return in cash totals $361,859.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,983/mo property income versus a $3,800/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76247, Justin, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,759
Single Family
10,453
Multi-Family
306
Businesses
404
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