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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 Northlake at 915 Blueberry Way, Northlake, TX, 76247 priced at $890,000 converts $4,390/mo rent into after a $4,356/mo obligation. Total monthly income equals $4,390/mo. Return on cash invested prints 12.11% in year one, and rental yield reads 5.92% against a $890,000 entry. Equity gained on principal adds $5,743/yr, while 5% annual appreciation compiles into $245,891 by year five. Five-year ROI reaches 62.24% and total cumulative return in cash sums $182,248. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,390/mo property income covering a $4,356/mo payment, not borrower’s personal income.
Single Family
Built in 2020
8,232 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jennah Ciers • RE/MAX DFW Associates IV
Mls Name: NTREIS
Mls ID: #21134799
