246 Ovaletta Dr, Justin, TX, 76247 | $0/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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246 Ovaletta Dr, Justin, TX, 76247 | $0/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Justin at 246 Ovaletta Dr, Justin, TX, 76247 listed at $400,000 pairs $2,845/mo rent with a $1,958/mo payment to leave $0/mo cash flow. Total monthly income runs $2,845/mo, and annual cash flow reaches $4/yr on $132,600 cash to close. Return on cash invested measures 19.91% in year one, and rental yield registers 8.54% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 104.09% and total cumulative return in cash totals $138,028. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,845/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2018

0.36 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 246 Ovaletta! Where comfort, space and convenience come together in the heart of Justin! This stunning 3-bedroom PLUS dedicated office, 2-bath home offers over 1,800 square feet of thoughtfully designed living space with tall ceilings, a wide-open concept, natural daylight galore and a desirable split-bedroom layout that maximizes both privacy, flow in a premium culdesac lot! Whether youre hosting friends and family or enjoying a quiet night in, the spacious living and dining areas offer the perfect backdrop. The gourmet kitchen opens beautifully to the main living and dining areasideal for entertaining or keeping an eye on little ones and features granite countertops, modern subway tile backsplash, stainless steel appliances, an huge kitchen island, ample cabinetry, lots of counter space and a corner walk-in pantry. The private main bedroom features an ensuite bathroom complete with a huge walk in closet and large walk in shower with ceramic tile. This amazing home comes with a huge covered rear patio gives a pleasing view of the enormous back yard. Located just minutes from major attractions like shopping, grocery stores, major highways for easy commute and youll love the energy and accessibility this sought out area. This home checks all the boxes for both functionality and style so dont miss your chance to live in one of Justin's most exciting corridorsschedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76247, Justin, TX area.

Housing Distribution

Housing Statistics

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