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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Elm Mott at 1018 Shilling Dr, Elm Mott, TX, 76640 generates $4,312/mo in rent, after a $3,181/mo payment. Total monthly income is $4,312/mo. Return on cash invested sits at 18.32% in year one, and rental yield is 7.96% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 95.53% and total cumulative return in cash sums $204,290. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,312/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76640, Elm Mott, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 984 (73.8%) |
| Renter Occupied HU | 241 (18.1%) |
| Vacant Housing Units | 108 ( 8.1%) |
| Median Home Value | $293,684 |
| Average Home Value | $314,433 |
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
188
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $650,000 |
| 2008-06-12 | Listing removed | $299,900 |
| 2008-04-06 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $3139.43 | -33.06% | $492,574 | 10.99% |
| 2023-04-24 | $4689.88 | -4.61% | $443,814 | 9.86% |
| 2022-04-24 | $4916.36 | 0.82% | $403,974 | 12.37% |
Listed by: Katie Miller • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20914439
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
