








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 18412 Sunhaven Cv, Elgin, TX, 78621 generates $2,174/mo in rent and, after a $1,346/mo payment, leaves $192/mo in cash flow. Total monthly income is $2,174/mo, and annual cash flow is $2,307/yr on $91,163 invested. Return on cash invested sits at 22.44% in year one, and rental yield is 9.49% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 117.78% and total cumulative return in cash sums $107,375. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,174/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
5,619 sqft lot
$N/A/sqft
$314 annually 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 |
|---|---|---|
| 2025-01-29 | Listing removed | $1,850 |
| 2024-12-23 | Listed for sale | $275,000 |
| 2024-11-27 | Listed for rent | $1,850 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $260,698 | -15.07% |
| 2023-02-13 | $1546.87 | 4.32% | $306,952 | 6.74% |
| 2022-02-13 | $1482.76 | N/A | $287,566 | 69.58% |



Listed by: Charitty Alexander • One Stop Leasing & Prop Mgmt
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #8419700
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-02-13 10:24:37 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)