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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ellinger at 203 Grover St, Ellinger, TX, 78938 with 5% annual appreciation on a $112,500 basis while $892/mo rent supports operations. Total monthly income totals $892/mo and a $551/mo payment preserves $92/mo for cash returns. Annual cash flow comes to $1,099/yr on $37,294 deployed, and return on cash invested reaches 22.86% in year one. Equity gained on principal adds $726/yr, and five-year appreciation sums $31,082 alongside rental yield of 9.51%. Five-year ROI measures 119.94% and total cumulative return in cash totals $44,728.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $892/mo property income versus a $551/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78938, Ellinger, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 192 (100%) |
| Owner Occupied HU | 122 (63.5%) |
| Renter Occupied HU | 23 (12.0%) |
| Vacant Housing Units | 47 (24.5%) |
| Median Home Value | $397,059 |
| Average Home Value | $473,074 |
Residential
146
Single Family
146
Multi-Family
0
Businesses
14
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Becky Ellis • A.M. Real Estate
Mls Name: HAR
Mls ID: #88112242
