13512 Barn Chime St, Elgin, TX, 78621 | 7.91% Rental Yield

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Price: $300K - 500K

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13512 Barn Chime St, Elgin, TX, 78621 | 7.91% Rental Yield | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elgin at 13512 Barn Chime St, Elgin, TX, 78621 generates $2,174/mo in rent, after a $1,614/mo payment. Total monthly income is $2,174/mo. Return on cash invested sits at 18.03% in year one, and rental yield is 7.91% on a $329,800 entry. Equity gained on principal adds $2,128/yr, while 5% annual appreciation builds toward $91,118 over five years. Five-year ROI reaches 93.97% and total cumulative return in cash sums $102,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,174/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Introducing the two-story Dickens III floor plan, a modern and thoughtfully designed home perfect for families seeking both privacy and convenience. This layout features three bedrooms and two and a half bathrooms, with the owner's suite located upstairs for added seclusion and comfort. The primary bathroom includes a dual vanity, providing ample space for busy mornings, while an added powder bathroom on the main floor offers extra convenience for guests. The upgraded kitchen boasts built-in appliances and a functional layout designed to enhance cooking and entertaining experiences. A dedicated study provides a quiet space for work, school, or hobbies. Outside, the home is equipped with full gutters, a gas drop at the covered patio for easy outdoor cooking or heating, and pre-plumbing for a water softener loop. The landscaped yards include a full sprinkler system with sod in both the front and rear, ensuring beautiful and low-maintenance outdoor spaces. As the area's most premium builder with the lowest tax rate, this home offers exceptional value. Available June 2025. Please contact the sales team for details on finishes and upgrade options.

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