127 Two Bits LnElginTX78621
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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 127 Two Bits Ln, Elgin, TX, 78621 with 5% annual appreciation on a $267,990 basis while $2,248/mo rent supports operations. Total monthly income totals $2,248/mo and a $1,312/mo payment preserves $342/mo for cash returns. Annual cash flow comes to $4,103/yr on $88,839 deployed, and return on cash invested reaches 24.53% in year one. Equity gained on principal adds $1,729/yr, and five-year appreciation sums $74,041 alongside rental yield of 10.07%. Five-year ROI measures 128.82% and total cumulative return in cash totals $114,438.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,248/mo property income versus a $1,312/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
4,791 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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