22935 BLACK CHERRYElmendorfTX78112
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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
Rental property for sale in Elmendorf at 22935 BLACK CHERRY, Elmendorf, TX, 78112 priced at $165,000 converts $1,132/mo rent into after a $808/mo obligation. Total monthly income equals $1,132/mo. Return on cash invested prints 18.99% in year one, and rental yield reads 8.23% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 99.23% and total cumulative return in cash sums $54,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,132/mo property income covering a $808/mo payment, not borrower’s personal income.
Manufactured
Built in 2019
0.65 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
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