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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 824 Mountain Aloe Dr, Justin, TX, 76247 priced at $474,500 converts $4,577/mo rent into $1,203/mo cash flow after a $2,322/mo obligation. Total monthly income equals $4,577/mo, and annual cash flow totals $14,438/yr on $157,297 invested. Return on cash invested prints 29.09% in year one, and rental yield reads 11.58% against a $474,500 entry. Equity gained on principal adds $3,062/yr, while 5% annual appreciation compiles into $131,096 by year five. Five-year ROI reaches 153.29% and total cumulative return in cash sums $241,122. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,577/mo property income covering a $2,322/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-07-12 | Price change | $474,500 |
| 2024-07-02 | Price change | $499,990 |
| 2024-05-24 | Price change | $508,514 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Heather A., Whitney E., Ryan K. & Vanessa S. • Toll Brothers
Mls Name: Toll Brothers Inc.
Mls Provider:
Mls ID: #N/A
