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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 2804 Walker Way, Northlake, TX, 76247 generates $4,435/mo in rent, after a $3,426/mo payment. Total monthly income is $4,435/mo. Return on cash invested sits at 16.31% in year one, and rental yield is 7.6% on a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 85.07% and total cumulative return in cash sums $195,916. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,435/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
7,100 sqft lot
$N/A/sqft
$1,060 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 |
|---|---|---|
| 2025-06-06 | Listed for sale | $700,000 |
| 2022-10-28 | Sold | N/A |
| 2022-10-10 | Pending sale | $703,295 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-06 | N/A | N/A | $696,097 | 3.62% |
| 2023-06-06 | N/A | N/A | $671,755 | 319.40% |
| 2022-06-06 | $3011.96 | 745.63% | $160,170 | 178.40% |
Listed by: Rafael Chavez • Solto Realty
Mls Name: NTREIS
Mls ID: #20961287
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.
