916 Mumms Field Dr, Justin, TX, 76247 | 5.11% Rental Yield

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916 Mumms Field Dr, Justin, TX, 76247 | 5.11% Rental Yield | Ziffy

For Sale

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 916 Mumms Field Dr, Justin, TX, 76247 offers a 5.11% rental yield on a $577,990 purchase with $2,460/mo rent. 65% in year one. Equity gained on principal adds $3,730/yr while 5% annual appreciation supports $159,688 over five years. Portfolio math shows five-year ROI at 48.99% and total cumulative return in cash at $93,157. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,460/mo property income against a $2,829/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Canterbury is a spacious one-story home that offers 2,747 square feet of well-designed living space, perfect for modern family life. The entrance opens into a welcoming foyer, leading to a study and secondary bedroom, which features a private bath. The heart of the home features an open-concept kitchen with a large island, seamlessly connecting to the dining area and family room, which opens onto a patio for outdoor enjoyment. The primary suite provides a luxurious retreat with a private bath. Bedrooms Three and Four are located nearby, sharing access to an additional bath. An entertainment room adds versatility, ideal for relaxation or gatherings. The three-car tandem garage offers ample storage and convenient access to the home, making this layout both functional and inviting.

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