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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 2544 Elm Pl, Northlake, TX, 76247 listed at $435,000 pairs $3,320/mo rent with a $2,129/mo payment to leave $227/mo cash flow. Total monthly income runs $3,320/mo, and annual cash flow reaches $2,721/yr on $144,203 cash to close. Return on cash invested measures 21.8% in year one, and rental yield registers 9.16% at a $435,000 basis. Equity gained on principal adds $2,807/yr, and annual property appreciation at 5% supports $120,182 by year five. Five-year ROI tracks 114.16% and total cumulative return in cash totals $164,628. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,320/mo property income relative to a $2,129/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
4,399 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Leena Rammal • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #21100554
