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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% |
Rental property for sale in Northlake at 2545 Stella Ln, Northlake, TX, 76247 generates $2,984/mo in rent, after a $1,884/mo payment. Total monthly income is $2,984/mo. Return on cash invested sits at 18.42% in year one, and rental yield is 9.3% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 97.49% and total cumulative return in cash sums $124,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,984/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
4,704 sqft lot
$N/A/sqft
$2,640 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 |
|---|---|---|
| 2025-05-09 | Listed for sale | $385,000 |
| 2020-07-09 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-09 | $8605.53 | -0.64% | $349,000 | -4.90% |
| 2023-05-09 | $8661.08 | 0.95% | $367,000 | 10.60% |
| 2022-05-09 | $8579.30 | 33.91% | $331,827 | 35.96% |
Listed by: Sarah Roberts • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20862433
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.
