Double Oak Plan, Pecan Square 50', 60' & 100', Northlake, TX, 76247 | $1,396/mo Cash Flow

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Double Oak Plan, Pecan Square 50', 60' & 100', Northlake, TX, 76247 | $1,396/mo Cash Flow | Ziffy

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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 Northlake at Double Oak Plan, Pecan Square 50', 60' & 100', Northlake, TX, 76247 offers a 11.21% rental yield on a $624,990 purchase with $5,840/mo rent. Total monthly income registers $5,840/mo, and a $3,059/mo payment leaves $1,396/mo available for distribution. Annual cash flow reaches $16,747/yr on $205,622 to close, and return on cash invested stands at 28.2% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,673 over five years. Portfolio math shows five-year ROI at 148.52% and total cumulative return in cash at $305,386. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,840/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Pecan Square boasts modern amenities for modern lifestyles bundled with beautiful Coventry homes, small town ambiance and Northwest ISD schools. Located 1 mile west of I-35W, the Northlake community offers easy access to Alliance Texas employment centers like Amazon, Verizon and BNSF. Shop in Denton, Southlake, and Roanoke. Attend a production or take a few classes at the University of North Texas. At home, you can speed down the internet highway. Your HOA dues include internet access as well as fantastic amenities, including a co-working space and onsite IT professionals. Home automation packages feature the latest smart home technology, including half-gigabit Wi-Fi, Ring Video Doorbell and Echo Show. Central to the community is The Town Square where neighbors meet up, enjoy each other's company and make friends. The Jackson Hall amenity complex houses the fitness center, pools and game room. For outdoor entertainment, Pioneer Park offers an exploration playground, outdoor grills picnic tables, a fire pit and more. Residents can gather for a potluck before heading over to the 22,000-square-foot arena for a concert. Fur babies can run and play at the Barking Lot. Children can walk to school at Johnie Daniel Elementary School located within the community. Also planned are middle and high schools. Contact us today about new home opportunities at Pecan Square.

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