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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 Elgin at 12024 Roving Pass, Elgin, TX, 78621 uses $116,025 cash to close to unlock $310/yr annual cash flow and $26/mo monthly cash flow. Total monthly income runs $2,558/mo, and a $1,713/mo payment keeps the spread at $26/mo. Purchase price stands at $350,000, and rental yield measures 8.77% with $2,558/mo rent. Return on cash invested shows 20.18% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 105.64% and total cumulative return in cash records $122,570. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,558/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2022
4,704 sqft lot
$N/A/sqft
$130 quarterly HOA
Neighborhood data shown for ZIP Code: 78621, Elgin, TX area.
| 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 |
Residential
11,094
Single Family
10,748
Multi-Family
346
Businesses
658
Date | Event | Price |
|---|---|---|
| 2025-03-20 | Listed for sale | $350,000 |
| 2023-02-04 | Listing removed | N/A |
| 2022-08-16 | Pending sale | $401,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | N/A | N/A | $347,836 | -10.03% |
| 2023-03-20 | N/A | N/A | $386,612 | 1566.50% |
| 2022-03-20 | N/A | N/A | $23,199 | N/A |
Listed by: Kyle McClelland • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2869765
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-03-20 11:54:25 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)
