Double Oak Plan, Pecan Square 50' & 60', Northlake, TX, 76247 | 4.72% Rental Yield

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Double Oak Plan, Pecan Square 50' & 60', Northlake, TX, 76247 | 4.72% Rental Yield | Ziffy

For Sale

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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', Northlake, TX, 76247 offers a 4.72% rental yield on a $624,990 purchase with $2,460/mo rent. 48% 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 42.74% and total cumulative return in cash at $87,874. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,460/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 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Double Oak floor plan offers a single-story design that combines comfort and elegance, featuring three bedrooms and two and a half bathrooms. This home includes a spacious open living area that flows into the dining space and a modern kitchen, complete with a large center island and ample storage. The primary suite boasts a private en-suite bathroom with dual vanities and a roomy walk-in closet, creating a serene retreat. With additional bedrooms thoughtfully positioned for privacy, this layout ensures versatility for families or guests. The three-car garage adds convenience, making the Double Oak a perfect blend of practicality and style.

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