614 W 4th St, Justin, TX, 76247 | 6.95% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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614 W 4th St, Justin, TX, 76247 | 6.95% Rental Yield | Ziffy

For Sale

Listed for sale 4 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Justin at 614 W 4th St, Justin, TX, 76247 listed at $425,000 pairs $2,460/mo rent with a $2,080/mo payment. Total monthly income runs $2,460/mo. Return on cash invested measures 15.12% in year one, and rental yield registers 6.95% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 78.36% and total cumulative return in cash totals $110,405. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,460/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1998

8,624 sqft lot

$N/A/sqft

No HOA

More details about the property

This Single Level Ranch Home is an Entertainers Dream Home. This Original Downtown Justin Homestead was Built in 1967 and then went through a Complete Revamp and Expansion in 1998. At that time, The Pool and Spa were added, as well as the Pool House with Kitchenette and Half Bath, Workshop with AC and Massive Covered Patio Connecting the Home to the Pool House. Walking Distance from Downtown Justin and just across the street from the City Park, Basketball Court, Tennis Court, Sand Volley Ball Court and Library. This Unique Property also Boasts a Large Kitchen, with an additional sink at the Island Chef Prep Station, Walk In Pantry. This home features Large Dining and Living Areas-all with an Open Concept. In Addition to Generous Closet Space in the Primary Bathroom, Follow the Hallway to a Tucked Away Private Home Office-This is a Perfect Workspace away from the noise of the Household. 3 Bedroom, 2 Full Bathrooms, 1 Half Bath In the Home and 1 Half Bath in the Pool House. Oversized Laundry Room with a Sink, room for a Refrigerator, Built in Ironing Board, Cabinets and Folding Station. Indoor Outdoor Audio System remains. 3 Cameras with DVR box remains. Plenty of Storage with 2 attic spaces and a separate shed (not pictured) that remains.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76247, Justin, TX area.

Housing Distribution

Housing Statistics

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