








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 Justin at 228 Ovaletta Dr, Justin, TX, 76247 offers $4,336/mo rent that, after a $2,643/mo payment, leaves $496/mo cash flow. Total monthly income is $4,336/mo, and annual cash flow is $5,952/yr on $177,660 cash. Return on cash invested measures 23.41% in year one, and rental yield stands at 9.64% at a $540,000 entry. Equity gained on principal adds $3,485/yr while 5% annual appreciation compounds into $149,192 by year five. Five-year ROI records 122.8% and total cumulative return in cash reaches $218,162. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,336/mo property income versus a $2,643/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.25 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Michael Osborne • KELLER WILLIAMS REALTY
Mls Name: NTREIS
Mls ID: #21049641