144 Pump Station RdElginTX78621
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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 144 Pump Station Rd, Elgin, TX, 78621 earns $74/mo cash flow from $2,478/mo rent with a $1,566/mo payment. Total monthly income totals $2,478/mo, and annual cash flow totals $890/yr on $106,080 capital. ROI tracks 20.75% on current figures, and rental yield reads 9.29% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 109.11% and total cumulative return in cash sums $115,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,478/mo property income instead of your personal income.
Manufactured
Built in 2003
2.75 Acres 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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Listed by: Steven Koleno • Beycome Brokerage Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #31131158
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