LAKEWAY Plan, River's Edge, Justin, TX, 76247 | $599/mo Cash Flow

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LAKEWAY Plan, River's Edge, Justin, TX, 76247 | $599/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 Justin at LAKEWAY Plan, River's Edge, Justin, TX, 76247 offers a 10.59% rental yield on a $349,990 purchase with $3,088/mo rent. Total monthly income registers $3,088/mo, and a $1,713/mo payment leaves $599/mo available for distribution. Annual cash flow reaches $7,190/yr on $116,022 to close, and return on cash invested stands at 26.11% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,696 over five years. Portfolio math shows five-year ROI at 137.32% and total cumulative return in cash at $159,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,088/mo property income against a $1,713/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

The Lakeway floorplan offers approx 2,091 square feet of living space spread across 4 bedrooms, a Study and 3 full bathrooms. As you enter the spacious foyer you'll see one bedroom and the study, with the second full bath between them, at the front of the home. Passing through the foyer, you'll find yourself in the grand combination dining room, kitchen, & living room. The Lakeway kitchen offers granite countertops, stainless steel appliances with electric cooking range, a corner walk-in pantry and a large kitchen island that faces the living room. The living room is wide open and perfect for entertainment. Located privately off the dining room are the remaining secondary bedrooms and a third full bath. The private main bedroom is located at the back of the home and features a spacious ensuite bathroom, complete with walk-in closet, and spacious walk-in shower with ceramic tile surround. Additional features include: tank water heater; Ceramic tile flooring at Entry, Hallways (per plan), Kitchen/Breakfast, Utility and Bathrooms; and, full yard sod, landscaping and irrigation. This home includes our HOME IS CONNECTED base package. Using one central hub that talks to all the devices in your home, you can control the lights, thermostat and locks, all from your cellular device. Photos shown here may not depict the specified home and features and are included for illustration purposes only. Elevations, exterior/ interior colors, options, available upgrades, and standard featur

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