18400 Sunhaven Cv, Elgin, TX, 78621 | $568/mo Cash Flow

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18400 Sunhaven Cv, Elgin, TX, 78621 | $568/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 18400 Sunhaven Cv, Elgin, TX, 78621 offers a 10.97% rental yield on a $279,900 purchase with $2,558/mo rent. Total monthly income registers $2,558/mo, and a $1,370/mo payment leaves $568/mo available for distribution. Annual cash flow reaches $6,811/yr on $92,787 to close, and return on cash invested stands at 27.25% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 143.43% and total cumulative return in cash at $133,081. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,558/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2005

6,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Current mortgage is assumable at a 4.375% fixed rate with a payment of $1,712.39. Welcome to 18400 Sun Haven Cv, Elgin TX 78621a spacious 2-story retreat offering approx. 2,343 sq ft of thoughtfully updated living space on a desirable corner lot. Inside, youll find 4 generous bedrooms and 3 full baths, all free of carpet for easy care and a modern feel. The 2005 build has been refreshed with contemporary finishes, stylish lighting, and durable hard-surface flooring that flows seamlessly from the open living area into the dining room and kitchen. The chefs kitchen features abundant cabinetry, sleek counters, and a breakfast bar that invites gatherings. Upstairs, the oversized primary suite boasts a walk-in closet and an updated bath with dual vanities. Three additional bedrooms provide flexibility for guests, a home office, or hobby space, while the third full bath ensures convenience for everyone. Outside, enjoy extra privacy thanks to the corner setting and a sizable backyard thats ready for gardening, play, or future outdoor living projects. With a list price of $289,900, this move-in-ready home delivers exceptional value, hard-to-find square footage, and recent upgradesall without the upkeep of carpet. Opportunities like this dont last long in fast-growing Elgin. Schedule your private showing today and see why 18400 Sun Haven Cove should be your next address! (Square footage per tax record; buyer to verify all information.)

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