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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% |
Rental property for sale in Elmendorf at 22831 Grand Springs, Elmendorf, TX, 78112 generates $967/mo in rent and, after a $612/mo payment, leaves $78/mo in cash flow. Total monthly income is $967/mo, and annual cash flow is $935/yr on $41,438 invested. Return on cash invested sits at 22.17% in year one, and rental yield is 9.28% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 116.17% and total cumulative return in cash sums $48,137. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $967/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78112, Elmendorf, TX area.
| 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 |
Residential
3,591
Single Family
3,591
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2025-01-02 | Listed for sale | $125,000 |
| 2024-09-30 | Listing removed | $125,000 |
| 2024-09-19 | Listed for sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-02-12 | $961.61 | N/A | $38,650 | 51.57% |
| 2018-02-12 | $961.61 | 63.29% | $25,500 | 16.70% |
| 2017-02-12 | $588.88 | 15.28% | $21,850 | 5.30% |
Listed by: Trevor Scott Thompson-Baumann • Robert Slack LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1810123
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.
