16183 Interstate 37ElmendorfTX78112
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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
Rental property for sale in Elmendorf at 16183 Interstate 37, Elmendorf, TX, 78112 generates $1,696/mo in rent and, after a $1,028/mo payment, leaves $203/mo in cash flow. Total monthly income is $1,696/mo, and annual cash flow is $2,430/yr on $69,615 invested. Return on cash invested sits at 23.4% in year one, and rental yield is 9.69% on a $209,999 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 122.79% and total cumulative return in cash sums $85,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,696/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78112, Elmendorf, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,837 (100%) |
| Owner Occupied HU | 3,111 (81.1%) |
| Renter Occupied HU | 463 (12.1%) |
| Vacant Housing Units | 263 ( 6.9%) |
| Median Home Value | $225,106 |
| Average Home Value | $267,048 |
Housing Distribution
Address Breakdown
Residential
3,591
Single Family
3,591
Multi-Family
0
Businesses
123
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Listed by: Beatrice Briseno • RE/MAX Unlimited
Mls Name: SABOR
Mls Provider:
Mls ID: #1876192
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.