153 Daylily DrElginTX78621
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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 153 Daylily Dr, Elgin, TX, 78621 uses $77,604 cash to close to unlock $7,801/yr annual cash flow and $650/mo monthly cash flow. Total monthly income runs $2,315/mo, and a $1,146/mo payment keeps the spread at $650/mo. Purchase price stands at $234,100, and rental yield measures 11.87% with $2,315/mo rent. Return on cash invested shows 29.96% in year one, and 5% annual appreciation builds toward $64,678 over five years. Five-year ROI reaches 158.03% and total cumulative return in cash records $122,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,315/mo property income covering a $1,146/mo payment rather than investor’s personal income.
Single Family
Built in 2025
5,314 sqft 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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