








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 Northlake at 2416 Coyote Way, Northlake, TX, 76247 priced at $475,000 pairs $3,822/mo rent with $198/mo cash flow after a $2,325/mo payment. Total monthly income equals $3,822/mo, and annual cash flow comes to $2,381/yr on $157,463 invested. Return on cash invested is 21.42% in year one, and rental yield stands at 9.66% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 112.85% and total cumulative return in cash reaches $177,703. For financing, Ziffy Mortgage’s DSCR program evaluates $3,822/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
5,662 sqft lot
$N/A/sqft
$195 monthly 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 |
|---|---|---|
| 2025-04-03 | Listed for sale | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $8494.37 | 4.65% | $399,775 | -0.43% |
| 2023-04-03 | $8116.62 | -6.72% | $401,500 | 10.00% |
| 2022-04-03 | $8700.90 | -7.95% | $365,000 | -4.30% |



Listed by: Vanessa Fillingim • INC Realty LLC
Mls Name: NTREIS
Mls ID: #20892446
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.