159 Two Bits LnElginTX78621
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 159 Two Bits Ln, Elgin, TX, 78621 at $295,970 posts ROI 22.59% with $219/mo cash flow from $2,324/mo rent. Total monthly income equals $2,324/mo, and annual cash flow records $2,627/yr on $98,114 to close. Return on cash invested measures 22.59% and rental yield reads 9.42% at the current $295,970. Equity gained on principal adds $1,910/yr, and 5% annual appreciation supports $81,771 by year five. Five-year ROI prints 118.41% and total cumulative return in cash totals $116,179.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,324/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
4,791 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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