139 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
Rental property for sale in Elgin at 139 Two Bits Ln, Elgin, TX, 78621 priced at $311,495 converts $2,558/mo rent into $290/mo cash flow after a $1,525/mo obligation. Total monthly income equals $2,558/mo, and annual cash flow totals $3,485/yr on $103,261 invested. Return on cash invested prints 23.28% in year one, and rental yield reads 9.85% against a $311,495 entry. Equity gained on principal adds $2,010/yr, while 5% annual appreciation compiles into $86,060 by year five. Five-year ROI reaches 122.39% and total cumulative return in cash sums $126,381. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,558/mo property income covering a $1,525/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
$625 annually 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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Listed by: Ben Caballero • HomesUSA.com
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #7753548
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-12-19 02:34:05 PST. 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)