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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 613 Ridge View Way, Justin, TX, 76247 offers $4,140/mo rent that, after a $1,933/mo payment, leaves $1,208/mo cash flow. Total monthly income is $4,140/mo, and annual cash flow is $14,499/yr on $130,943 cash. Return on cash invested measures 30.98% in year one, and rental yield stands at 12.58% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Five-year ROI records 163.86% and total cumulative return in cash reaches $214,566. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,140/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
6,098 sqft lot
$N/A/sqft
$250 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 |
|---|---|---|
| 2024-07-14 | Price change | $395,000 |
| 2024-06-13 | Listed for sale | $405,000 |
| 2021-09-27 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $7785.32 | 9.96% | $408,025 | 22.34% |
| 2022-08-15 | $7079.82 | 18.16% | $333,508 | 21.07% |
| 2021-08-15 | $5991.52 | 3.09% | $275,461 | 4.80% |
Listed by: John Hrisco • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20629631
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.
