22738 Lazy StreamElmendorfTX78112
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.01% yield at 22738 Lazy Stream, Elmendorf, TX, 78112 in Elmendorf is solid, but the $472/mo payment compresses net cash flow to $41/mo at $105,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $29,010 by year five, and $967/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.67) without U.S. income documentation. Total projected return: $42,951.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $41 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $788 |
| Total Monthly Debt Service | $705 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1985
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78112, Elmendorf, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,837 (100%) |
| Owner Occupied HU | 3,111 (81.1%) |
| Renter Occupied HU | 463 (12.1%) |
| Vacant Housing Units | 263 ( 6.9%) |
| Median Home Value | $225,106 |
| Average Home Value | $267,048 |
Housing Distribution
Address Breakdown
Residential
3,591
Single Family
3,591
Multi-Family
0
Businesses
123
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
Manufactured
Built in 1985
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78112, Elmendorf, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,837 (100%) |
| Owner Occupied HU | 3,111 (81.1%) |
| Renter Occupied HU | 463 (12.1%) |
| Vacant Housing Units | 263 ( 6.9%) |
| Median Home Value | $225,106 |
| Average Home Value | $267,048 |
Housing Distribution
Address Breakdown
Residential
3,591
Single Family
3,591
Multi-Family
0
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Hadley • SADDLE & SAGE REALTY CO LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1878408
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.