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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 2321 Elm Pl, Northlake, TX, 76247 at $499,000 posts ROI 19.48% with from $3,984/mo rent. Total monthly income equals $3,984/mo. Return on cash invested measures 19.48% and rental yield reads 9.58% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 103.08% and total cumulative return in cash totals $170,514. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,984/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
4,399 sqft lot
$N/A/sqft
$1,560 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 |
|---|---|---|
| 2025-05-02 | Listed for sale | $499,000 |
| 2023-12-27 | Sold | N/A |
| 2023-12-21 | Pending sale | $464,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-02 | $11095.96 | -2.19% | $450,000 | -6.38% |
| 2023-05-02 | $11343.92 | 140.49% | $480,681 | 163.47% |
| 2022-05-02 | $4716.94 | 219.07% | $182,440 | 136.96% |
Listed by: Amy Rainey • DIY Realty
Mls Name: NTREIS
Mls ID: #20920784
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.
