269 Connor Elkins Dr, Kyle, TX, 78640 | $264/mo Cash Flow

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269 Connor Elkins Dr, Kyle, TX, 78640 | $264/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Kyle at 269 Connor Elkins Dr, Kyle, TX, 78640 priced at $275,000 pairs $2,220/mo rent with $264/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,220/mo, and annual cash flow comes to $3,173/yr on $91,163 invested. Return on cash invested is 23.39% in year one, and rental yield stands at 9.69% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 122.75% and total cumulative return in cash reaches $111,899. For financing, Ziffy Mortgage’s DSCR program evaluates $2,220/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2012

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

This meticulous 3-bedroom 2 bath home seamlessly blends convenience and comfort. This home features a spacious open-concept layout with an integrated kitchen, dining area, and family room. You will love the luxury vinyl plank flooring that is found in all areas except in the 3 bedrooms. LVP flooring and carpet were installed August 2025. The freshly painted interior makes this home move in ready. The large family room is bathed in natural light creating a cozy atmosphere for friends and family gatherings or quiet evenings at home. The heart of the home unfolds into a spacious kitchen. The large eat-in bar serves as a communal gathering point and connects the cooking zone to the adjacent family and dining areas. On the opposite side of the house, the master bedroom awaits, a haven of tranquility. The ensuite is a luxurious retreat with a double vanity, tub and shower combination and a spacious walk-in closet. which make for a perfect blend of comfort and style. Conveniently tucked away is a generous laundry room which adds to the practicality of daily living. For added privacy two secondary bedrooms are separate from the master suite. The layout is designed to cater to the diverse needs of your household, ensuring everyone has their own space to unwind, and serve as functional spaces. Waterleaf offers both private and public amenities, including a private 4-acre community park with a swimming pool, playscape, volleyball, and basketball courts. Residents also benefit from an adjacent 20-acre public Waterleaf Park, which features baseball and soccer fields, a playscape, a trailhead for the Plum Creek Trail, and hiking and jogging paths. The community is also connected to a larger trail system and local amenities, creating a well-rounded living experience. located minutes from restaurants, shopping and schools. You will be proud to call 269 Conner Elkins Drive Home!