Newark Plan, Pecan Square 50' & 60'NorthlakeTX76247
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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
Investment Highlights
Rental property for sale in Northlake at Newark Plan, Pecan Square 50' & 60', Northlake, TX, 76247 offers $3,088/mo rent that, after a $3,069/mo payment. Total monthly income is $3,088/mo. Return on cash invested measures 12.09% in year one, and rental yield stands at 5.91% at a $626,990 entry. Equity gained on principal adds $4,046/yr while 5% annual appreciation compounds into $173,226 by year five. Five-year ROI records 62.1% and total cumulative return in cash reaches $128,089. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,088/mo property income versus a $3,069/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,759
Single Family
10,453
Multi-Family
306
Businesses
404
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