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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% |
Investment property for sale in Northlake at 2208 Clancy Dr, Northlake, TX, 76247 listed at $460,000 pairs $2,460/mo rent with a $2,251/mo payment. Total monthly income runs $2,460/mo. Return on cash invested measures 10.81% in year one, and rental yield registers 6.42% at a $460,000 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,090 by year five. Five-year ROI tracks 56.27% and total cumulative return in cash totals $85,813. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,460/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
5,880 sqft lot
$N/A/sqft
$2,120 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 |
|---|---|---|
| 2025-05-28 | Listed for sale | $460,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-28 | $9656.95 | -18.20% | $472,599 | -5.52% |
| 2023-05-28 | $11805.17 | 916.69% | $500,226 | 710.12% |
| 2022-05-28 | $1161.14 | 226.00% | $61,747 | -40.00% |
Listed by: Nitin Gupta • Competitive Edge Realty LLC
Mls Name: NTREIS
Mls ID: #20950215
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.
