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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 13712 Knights Branch Dr, Elgin, TX, 78621 listed at $240,000 pairs $2,174/mo rent with a $1,175/mo payment to leave $467/mo cash flow. Total monthly income runs $2,174/mo, and annual cash flow reaches $5,604/yr on $79,560 cash to close. Return on cash invested measures 26.95% in year one, and rental yield registers 10.87% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 141.81% and total cumulative return in cash totals $112,826. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,174/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
4,399 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Natalie Bordelon • Keller Williams Realty
Mls Name: Unlock MLS
Mls ID: #2917626
