2512 Elm Pl, Northlake, TX, 76247 | $179/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2512 Elm Pl, Northlake, TX, 76247 | $179/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 Northlake at 2512 Elm Pl, Northlake, TX, 76247 uses $150,833 cash to close to unlock $2,153/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $3,415/mo, and a $2,227/mo payment keeps the spread at $179/mo. Purchase price stands at $455,000, and rental yield measures 9.01% with $3,415/mo rent. Return on cash invested shows 21.34% in year one, and 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 111.72% and total cumulative return in cash records $168,508. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,415/mo property income covering a $2,227/mo payment rather than investor’s personal income.

Single Family

Built in 2020

4,399 sqft lot

$N/A/sqft

No HOA

More details about the property

2512 Elm Pl is an inviting 2-level brick-front home in the Pecan Square community of Northlake, TX sits in the highly regarded Northwest ISD. The main level offers wood-look ceramic tile, an open living area with high ceilings, and a kitchen with a breakfast bar and all major stainless steel appliances. A private primary ensuite is located on the main level. There is also a dedicated home office and a full bathroom rounding out the main level. Upstairs features a spacious loft, secondary bedrooms, and another full bathroom. All of the bedrooms, including the office, have carpet flooring.There is a covered rear porch, fenced backyard, and access to community amenities including a pool, pickleball court, walking and jogging paths, fitness center, dog park, and more. Minutes from I-35W. Be the first to schedule a tour in this sought-after neighborhoodit will not last. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

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