151 Tolo DrElginTX78621
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 151 Tolo Dr, Elgin, TX, 78621 at $335,900 posts ROI 21.16% with $116/mo cash flow from $2,558/mo rent. Total monthly income equals $2,558/mo, and annual cash flow records $1,397/yr on $111,351 to close. Return on cash invested measures 21.16% and rental yield reads 9.14% at the current $335,900. Equity gained on principal adds $2,168/yr, and 5% annual appreciation supports $92,803 by year five. Five-year ROI prints 111% and total cumulative return in cash totals $123,603.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,558/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
$53 monthly 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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