








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Elgin at 175 Settlers Trl, Elgin, TX, 78621 priced at $360,000 converts $1,800/mo rent into after a $1,762/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 12.27% in year one, and rental yield reads 6% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 63.06% and total cumulative return in cash sums $75,261. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1979
6.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78621, Elgin, TX area.
| 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 |
Residential
11,094
Single Family
10,748
Multi-Family
346
Businesses
658
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Cecilia Whitley • Sterling & Associates R.E.
Mls Name: Unlock MLS
Mls ID: #2989734