18720 Speculator Ln, Elgin, TX, 78621 | $53/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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18720 Speculator Ln, Elgin, TX, 78621 | $53/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

Rental property for sale in Elgin at 18720 Speculator Ln, Elgin, TX, 78621 generates $1,866/mo in rent and, after a $1,248/mo payment, leaves $53/mo in cash flow. Total monthly income is $1,866/mo, and annual cash flow is $633/yr on $84,533 invested. Return on cash invested sits at 20.66% in year one, and rental yield is 8.78% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 108.07% and total cumulative return in cash sums $91,352. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,866/mo property income rather than buyer’s personal income.

Single Family

Built in 2020

9,051 sqft lot

$N/A/sqft

No HOA

More details about the property

You must see this stunning three-bedroom, two-bathroom home. It features an excellent floor plan and a formal dining room, complemented by a spacious fenced backyard. The property includes a water softener and a water purification system, both of which are included with the home. Conveniently situated near excellent schools, including Elgin High School.

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