213 Spruce Valley DrJustinTX76247
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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 Justin at 213 Spruce Valley Dr, Justin, TX, 76247 listed at $468,700 pairs $3,893/mo rent with a $2,294/mo payment to leave $365/mo cash flow. Total monthly income runs $3,893/mo, and annual cash flow reaches $4,377/yr on $155,374 cash to close. Return on cash invested measures 22.73% in year one, and rental yield registers 9.97% at a $468,700 basis. Equity gained on principal adds $3,024/yr, and annual property appreciation at 5% supports $129,493 by year five. Five-year ROI tracks 119.69% and total cumulative return in cash totals $185,973. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,893/mo property income relative to a $2,294/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
8,712 sqft lot
$N/A/sqft
$66 monthly 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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