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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 23003 Waterwheel Dr, Elmendorf, TX, 78112 priced at $174,980 pairs $1,590/mo rent with $346/mo cash flow after a $856/mo payment. Total monthly income equals $1,590/mo, and annual cash flow comes to $4,153/yr on $58,006 invested. Return on cash invested is 27.07% in year one, and rental yield stands at 10.9% on a $174,980 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,344 by year five. Five-year ROI measures 142.54% and total cumulative return in cash reaches $82,681. For financing, Ziffy Mortgage’s DSCR program evaluates $1,590/mo property income against a $856/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1986
1 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 |
|---|---|---|
| 2025-05-11 | Listing removed | $380,000 |
| 2024-09-05 | Price change | $380,000 |
| 2024-08-09 | Price change | $389,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-06-26 | N/A | N/A | $174,980 | 21.44% |
| 2017-06-26 | N/A | N/A | $144,090 | 48.68% |
| 2016-06-26 | N/A | N/A | $96,910 | 1.56% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
