








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 2320 Mockingbird Ct, Northlake, TX, 76247 listed at $405,000 pairs $3,180/mo rent with a $1,982/mo payment to leave $46/mo cash flow. Total monthly income runs $3,180/mo, and annual cash flow reaches $553/yr on $134,258 cash to close. Return on cash invested measures 20.32% in year one, and rental yield registers 9.42% at a $405,000 basis. Equity gained on principal adds $2,613/yr, and annual property appreciation at 5% supports $111,894 by year five. Five-year ROI tracks 107.11% and total cumulative return in cash totals $143,798. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,180/mo property income relative to a $1,982/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
5,662 sqft lot
$N/A/sqft
$1,130 semi-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 |
|---|---|---|
| 2025-08-01 | Listed for sale | $405,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-01 | $7513.01 | -5.41% | $359,000 | -8.65% |
| 2023-08-01 | $7943.13 | -10.55% | $393,000 | 5.62% |
| 2022-08-01 | $8880.36 | 366.70% | $372,103 | 275.49% |



Listed by: Jennifer Wiederkehr • BLVD Group
Mls Name: NTREIS
Mls ID: #21019220
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