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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 Elmendorf at 114 S 2ND AVE, Elmendorf, TX, 78112 offers a 21.16% rental yield on a $145,000 purchase with $2,557/mo rent. Total monthly income registers $2,557/mo, and a $710/mo payment leaves $1,526/mo available for distribution. Annual cash flow reaches $18,307/yr on $48,068 to close, and return on cash invested stands at 58% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 308.31% and total cumulative return in cash at $148,196. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,557/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78112, Elmendorf, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,837 (100%) |
| Owner Occupied HU | 3,111 (81.1%) |
| Renter Occupied HU | 463 (12.1%) |
| Vacant Housing Units | 263 ( 6.9%) |
| Median Home Value | $225,106 |
| Average Home Value | $267,048 |
Residential
3,591
Single Family
3,591
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2024-06-13 | Listed for sale | $145,000 |
| 2024-06-04 | Listing removed | N/A |
| 2024-05-21 | Price change | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1959.64 | 1.88% | $92,490 | 11.81% |
| 2022-08-14 | $1923.56 | 19.51% | $82,720 | 15.92% |
| 2021-08-14 | $1609.54 | N/A | $71,360 | 8.55% |
Listed by: Connie Torres • Towers Realty & Investments
Mls Name: SABOR
Mls Provider:
Mls ID: #1692925
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.
