308 E Ricky Crossland AveElsaTX78543
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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 Elsa at 308 E Ricky Crossland Ave, Elsa, TX, 78543 generates $1,080/mo in rent and, after a $612/mo payment, leaves $191/mo in cash flow. Total monthly income is $1,080/mo, and annual cash flow is $2,291/yr on $41,438 invested. Return on cash invested sits at 25.44% in year one, and rental yield is 10.37% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 133.69% and total cumulative return in cash sums $55,397. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Multi Family
Built in 1984
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78543, Elsa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 904 (59.3%) |
| Renter Occupied HU | 475 (31.1%) |
| Vacant Housing Units | 146 ( 9.6%) |
| Median Home Value | $72,451 |
| Average Home Value | $90,476 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
132
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