213 Hawthorne StElkhartTX75839
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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
Investment Highlights
Investment property for sale in Elkhart at 213 Hawthorne St, Elkhart, TX, 75839 at $115,000 posts ROI 21.39% with $47/mo cash flow from $865/mo rent. Total monthly income equals $865/mo, and annual cash flow records $565/yr on $38,123 to close. Return on cash invested measures 21.39% and rental yield reads 9.03% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 112.15% and total cumulative return in cash totals $42,753.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $865/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
3.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75839, Elkhart, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 1,678 (67.7%) |
| Renter Occupied HU | 468 (18.9%) |
| Vacant Housing Units | 333 (13.4%) |
| Median Home Value | $262,245 |
| Average Home Value | $317,059 |
Housing Distribution
Address Breakdown
Residential
2,184
Single Family
2,184
Multi-Family
0
Businesses
110
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