19532 Michael StElsaTX78543
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Elsa at 19532 Michael St, Elsa, TX, 78543 offers a 8.81% rental yield on a $165,000 purchase with $1,211/mo rent. Total monthly income registers $1,211/mo, and a $808/mo payment leaves $37/mo available for distribution. Annual cash flow reaches $447/yr on $54,698 to close, and return on cash invested stands at 20.73% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 108.51% and total cumulative return in cash at $59,351. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,211/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78543, Elsa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 904 (59.3%) |
| Renter Occupied HU | 475 (31.1%) |
| Vacant Housing Units | 146 ( 9.6%) |
| Median Home Value | $72,451 |
| Average Home Value | $90,476 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices