1400 Elmhurst Dr.LakehillsTX78063
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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 Lakehills at 1400 Elmhurst Dr, Lakehills, TX, 78063 with 5% annual appreciation on a $199,000 basis while $1,584/mo rent supports operations. Total monthly income totals $1,584/mo and a $974/mo payment preserves $169/mo for cash returns. Annual cash flow comes to $2,027/yr on $65,969 deployed, and return on cash invested reaches 22.98% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 9.55%. Five-year ROI measures 120.52% and total cumulative return in cash totals $79,506.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,584/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1995
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78063, Pipe Creek, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,140 (100%) |
| Owner Occupied HU | 3,617 (70.4%) |
| Renter Occupied HU | 497 ( 9.7%) |
| Vacant Housing Units | 1,026 (20.0%) |
| Median Home Value | $287,675 |
| Average Home Value | $360,341 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
2,678
Multi-Family
1,334
Businesses
250
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