109 Fisher Street 109 111 #Bld-113ElginTX78621
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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
Investment property for sale in Elgin at 109 Fisher Street 109 111 #Bld-113, Elgin, TX, 78621 earns from $1,853/mo rent with a $7,831/mo payment. Total monthly income totals $1,853/mo. ROI tracks -1.68% on current figures, and rental yield reads 1.39% at a $1,600,000 purchase. Equity gained on principal adds $10,325/yr, and 5% annual appreciation supports $442,051 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,853/mo property income instead of your personal income.
Multi Family
Built in 2024
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78621, Elgin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,834 (100%) |
| Owner Occupied HU | 9,052 (76.5%) |
| Renter Occupied HU | 2,160 (18.3%) |
| Vacant Housing Units | 622 ( 5.3%) |
| Median Home Value | $357,342 |
| Average Home Value | $417,153 |
Housing Distribution
Address Breakdown
Residential
11,094
Single Family
10,748
Multi-Family
346
Businesses
658
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