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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 2433 Elm Pl, Northlake, TX, 76247 at $399,900 posts ROI 20.35% with $49/mo cash flow from $3,266/mo rent. Total monthly income equals $3,266/mo, and annual cash flow records $583/yr on $132,567 to close. Return on cash invested measures 20.35% and rental yield reads 9.8% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 107.64% and total cumulative return in cash totals $142,700.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,266/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
$1,390 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 |
|---|---|---|
| 2025-01-10 | Listed for sale | $399,900 |
| 2024-09-30 | Listing removed | $403,000 |
| 2024-08-06 | Price change | $403,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $8345.15 | -15.98% | $393,416 | -6.49% |
| 2023-02-13 | $9932.36 | 8.14% | $420,710 | 18.43% |
| 2022-02-13 | $9184.97 | 276.52% | $355,253 | 205.83% |
Listed by: Elvir Ibrahimpasic • WILLIAM DAVIS REALTY
Mls Name: NTREIS
Mls ID: #20813952
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.
