2221 Clancy DrNorthlakeTX76247
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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
Rental property for sale in Northlake at 2221 Clancy Dr, Northlake, TX, 76247 offers $5,537/mo rent that, after a $2,565/mo payment, leaves $1,385/mo cash flow. Total monthly income is $5,537/mo, and annual cash flow is $16,626/yr on $172,396 cash. Return on cash invested measures 29.7% in year one, and rental yield stands at 12.68% at a $524,000 entry. Equity gained on principal adds $3,381/yr while 5% annual appreciation compounds into $144,772 by year five. Five-year ROI records 157.64% and total cumulative return in cash reaches $271,759. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,537/mo property income versus a $2,565/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
5,880 sqft lot
$N/A/sqft
$1,130 semi-annually 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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Listed by: Elisa Copeland • Lily Moore Realty
Mls Name: NTREIS
Mls ID: #20618617
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.