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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 Justin at 515 Lakeway Ln, Justin, TX, 76247 priced at $351,411 pairs $4,268/mo rent with $1,744/mo cash flow after a $1,720/mo payment. Total monthly income equals $4,268/mo, and annual cash flow comes to $20,928/yr on $116,493 invested. Return on cash invested is 37.87% in year one, and rental yield stands at 14.57% on a $351,411 basis. Equity gained on principal adds $2,268/yr, and 5% annual appreciation accumulates to $97,088 by year five. Five-year ROI measures 200.52% and total cumulative return in cash reaches $233,593. For financing, Ziffy Mortgage’s DSCR program evaluates $4,268/mo property income against a $1,720/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$300 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 |
|---|---|---|
| 2024-07-30 | Price change | $351,411 |
| 2024-05-31 | Price change | $356,411 |
| 2024-03-07 | Listed for sale | $371,411 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20661887
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.
