18813 Golden Eagle Way, Elgin, TX, 78621 | 7.94% Rental Yield

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18813 Golden Eagle Way, Elgin, TX, 78621 | 7.94% Rental Yield | 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 18813 Golden Eagle Way, Elgin, TX, 78621 generates $1,787/mo in rent, after a $1,322/mo payment. Total monthly income is $1,787/mo. Return on cash invested sits at 18.12% in year one, and rental yield is 7.94% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 94.48% and total cumulative return in cash sums $84,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,787/mo property income rather than buyer’s personal income.

Single Family

Built in 2016

6,407 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 3-bedroom, 2.5-bath home located in the desirable community of Elgin. This property features an inviting open-concept layout with 90% no-carpet flooring, offering easy maintenance and a clean, modern feel. The spacious kitchen opens to the living and dining areas, creating the perfect space for everyday living and entertaining. Upstairs includes three generous bedrooms, including a comfortable primary suite with its own private bath and ample closet space. Additional highlights include energy-efficient solar panels (included), a friendly and welcoming neighborhood, and a well-designed floorplan that maximizes natural light throughout. With its combination of comfort, efficiency, and convenience, this home is move-in ready and perfect for anyone seeking modern living in a great location.

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