310 Bendecido LoopElginTX78621
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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
Investment property for sale in Elgin at 310 Bendecido Loop, Elgin, TX, 78621 with 5% annual appreciation on a $288,900 basis while $2,174/mo rent supports operations. Total monthly income totals $2,174/mo and a $1,414/mo payment preserves $68/mo for cash returns. Annual cash flow comes to $811/yr on $95,770 deployed, and return on cash invested reaches 20.76% in year one. Equity gained on principal adds $1,864/yr, and five-year appreciation sums $79,818 alongside rental yield of 9.03%. Five-year ROI measures 108.84% and total cumulative return in cash totals $104,239.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,174/mo property income versus a $1,414/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
$156 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78621, Elgin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,834 (100%) |
| Owner Occupied HU | 9,052 (76.5%) |
| Renter Occupied HU | 2,160 (18.3%) |
| Vacant Housing Units | 622 ( 5.3%) |
| Median Home Value | $357,342 |
| Average Home Value | $417,153 |
Housing Distribution
Address Breakdown
Residential
11,094
Single Family
10,748
Multi-Family
346
Businesses
658
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Listed by: Ben Caballero • HomesUSA.com
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2917153
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-10-18 21:48:25 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)