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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% |
Investment property for sale in Elm Mott at 1088 Kelinske Rd, Elm Mott, TX, 76640 offers a 11.9% rental yield on a $149,999 purchase with $1,487/mo rent. Total monthly income registers $1,487/mo, and a $734/mo payment leaves $421/mo available for distribution. Annual cash flow reaches $5,046/yr on $49,725 to close, and return on cash invested stands at 30.06% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 158.52% and total cumulative return in cash at $78,822. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,487/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
2.52 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 |
|---|---|---|
| 2025-06-03 | Listed for sale | $149,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $1703.50 | 7.81% | $123,740 | 11.90% |
| 2023-06-03 | $1580.10 | 41.97% | $110,580 | 65.22% |
| 2022-06-03 | $1113.01 | 393.57% | $66,930 | 32.35% |
Listed by: Mariano Medina • EG Realty
Mls Name: NTREIS
Mls ID: #20948353
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.
