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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% |
Investment property for sale in Elmendorf at 23536 Mathis, Elmendorf, TX, 78112 offers a 10.34% rental yield on a $265,000 purchase with $2,284/mo rent. Total monthly income registers $2,284/mo, and a $1,297/mo payment leaves $400/mo available for distribution. Annual cash flow reaches $4,795/yr on $87,848 to close, and return on cash invested stands at 25.37% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 133.34% and total cumulative return in cash at $117,135. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,284/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2001
0.90 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 |
|---|---|---|
| 2025-03-04 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-04 | $581.01 | 17.63% | $100,877 | 10.00% |
| 2023-03-04 | $493.93 | -44.83% | $91,706 | 10.00% |
| 2022-03-04 | $895.29 | 17.74% | $83,369 | 10.00% |
Listed by: Melissa Hadley • SADDLE & SAGE REALTY CO LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1846669
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.
