3216 Rustic Creek DrNorthlakeTX76262
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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
Investment Highlights
Investment property for sale in Northlake at 3216 Rustic Creek Dr, Northlake, TX, 76262 earns $1,641/mo cash flow from $4,910/mo rent with a $1,947/mo payment. Total monthly income totals $4,910/mo, and annual cash flow totals $19,694/yr on $131,873 capital. ROI tracks 34.84% on current figures, and rental yield reads 14.81% at a $397,808 purchase. Equity gained on principal adds $2,567/yr, and 5% annual appreciation supports $109,907 over five years. Five-year ROI reaches 185.61% and total cumulative return in cash sums $244,776. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,910/mo property income instead of your personal income.
Townhouse
Built in 2023
2,482 sqft lot
$N/A/sqft
$440 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Housing Distribution
Address Breakdown
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
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Listed by: Carole Campbell • Colleen Frost Real Estate Serv
Mls Name: NTREIS
Mls ID: #20638576
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.