214 Cider Creek Dr, Elgin, TX, 78621 | $701/mo Cash Flow

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214 Cider Creek Dr, Elgin, TX, 78621 | $701/mo Cash Flow | Ziffy

For Sale

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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 214 Cider Creek Dr, Elgin, TX, 78621 priced at $261,100 pairs $2,558/mo rent with $701/mo cash flow after a $1,278/mo payment. Total monthly income equals $2,558/mo, and annual cash flow comes to $8,415/yr on $86,555 invested. Return on cash invested is 29.63% in year one, and rental yield stands at 11.76% on a $261,100 basis. Equity gained on principal adds $1,685/yr, and 5% annual appreciation accumulates to $72,137 by year five. Five-year ROI measures 156.22% and total cumulative return in cash reaches $135,219. For financing, Ziffy Mortgage’s DSCR program evaluates $2,558/mo property income against a $1,278/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2025

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

MLS# 3486070 - Built by Brohn Homes - Ready Now! ~ Welcome to 214 Cider Creek Drive, a thoughtfully designed single-story home in Harvest Ridge. This home features 42 upper Dover Shaker cabinets and a warm Truffle stain, 3cm New Caledonia granite countertops, and a sleek black appliance package with a gas range. Durable wood-look vinyl flows throughout the mail living areas, complimented by satin nickel hardware, 5-panel interior doors, and neutral wall paint. The primary suite features a dual vanity with Blanco Maple Silestone and a clean Vikrell shower surround, with coordinated finishes throughout the secondary bath. This 4-bed, 2-bath house is perfect for anyone looking for a comfortable and cozy space to call home. Live where community comes to life with resort-style amenities, fishing ponds, pickleball courts, and a full-time Lifestyle Director planning year-round eventsplus the convenience of an on-site elementary school just steps away.

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