








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 24460 MATHIS RD, Elmendorf, TX, 78112 priced at $299,000 pairs $2,528/mo rent with $402/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,528/mo, and annual cash flow comes to $4,827/yr on $99,119 invested. Return on cash invested is 24.78% in year one, and rental yield stands at 10.15% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 130.19% and total cumulative return in cash reaches $129,046. For financing, Ziffy Mortgage’s DSCR program evaluates $2,528/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A 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 |
|---|---|---|
| 2024-01-15 | Price change | $299,000 |
| 2023-07-06 | Listed for sale | $349,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-08-14 | $104.16 | N/A | $308,990 | 5.00% |
| 2018-08-14 | $104.16 | -69.50% | $294,280 | -38.33% |
| 2017-08-14 | $341.47 | 27.40% | $477,220 | -8.39% |



Listed by: Amanda Mercer • Lockwood Realty Group, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1700978
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.