Magnolia Plan, Pecan Square 50', 60', 70' & 100', Northlake, TX, 76247 | 4.84% Rental Yield

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Magnolia Plan, Pecan Square 50', 60', 70' & 100', Northlake, TX, 76247 | 4.84% 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

Rental property for sale in Northlake at Magnolia Plan, Pecan Square 50', 60', 70' & 100', Northlake, TX, 76247 generates $2,460/mo in rent, after a $2,986/mo payment. Total monthly income is $2,460/mo. Return on cash invested sits at 8.83% in year one, and rental yield is 4.84% on a $609,990 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation builds toward $168,529 over five years. Five-year ROI reaches 44.61% and total cumulative return in cash sums $89,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,460/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Magnolia floor plan is designed with elegance and ease in mind, offering a harmonious blend of style and practicality. This single-story home features three generously sized bedrooms and two thoughtfully designed bathrooms, ensuring comfort for family members and guests. The central living area flows seamlessly from the kitchen to the dining and family rooms, making it ideal for hosting gatherings or enjoying quiet evenings. The primary suite provides a peaceful retreat, complete with a luxurious bathroom and a walk-in closet. With a three-car garage, the Magnolia plan ensures plenty of space for vehicles, storage, or hobby needs. This floor plan combines functionality with timeless design, making it an excellent choice for those seeking a versatile and welcoming home.

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