17941 Prairie Verbena Ln, Elgin, TX, 78621 | $301/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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17941 Prairie Verbena Ln, Elgin, TX, 78621 | $301/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Elgin at 17941 Prairie Verbena Ln, Elgin, TX, 78621 uses $79,560 cash to close to unlock $3,612/yr annual cash flow and $301/mo monthly cash flow. Total monthly income runs $2,008/mo, and a $1,175/mo payment keeps the spread at $301/mo. Purchase price stands at $240,000, and rental yield measures 10.04% with $2,008/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 128.37% and total cumulative return in cash records $102,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,008/mo property income covering a $1,175/mo payment rather than investor’s personal income.

Single Family

Built in 2011

5,998 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming 3-bedroom, 2-bathroom home located in the growing Elm Creek community of Elgin! Sitting on a spacious lot with a large front yard and a big backyard, this property offers plenty of room for outdoor livingwhether its barbecues, playtime, or simply relaxing under the Texas sky. Inside, youll find a comfortable and functional layout designed for modern living. The open living and dining spaces make it easy to host family and friends, while the kitchen is conveniently positioned at the heart of the home. The location is a true highlightElm Creek is a vibrant, fast-growing community with nearby schools, shopping, and amenities. Just minutes from Elgin ISD schools, H-E-B, Walmart, and local dining, youll also enjoy quick access to Highway 290 and SH-130, making commuting into Austin or neighboring cities a breeze. This home also comes with extra valuewasher, dryer, kitchen appliances, and couch are included, making your move-in experience simple and stress-free. Dont miss this opportunity to own a home in one of Elgins most promising communities. With space to grow, modern comforts, and a great location, 17941 Prairie Verbena Ln is ready to welcome its next owner!

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