318 E 2nd 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
Investment property for sale in Elsa at 318 E 2nd Ave, Elsa, TX, 78543 with 5% annual appreciation on a $229,000 basis while $1,805/mo rent supports operations. Total monthly income totals $1,805/mo and a $1,121/mo payment preserves $176/mo for cash returns. Annual cash flow comes to $2,117/yr on $75,914 deployed, and return on cash invested reaches 22.7% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 9.46%. Five-year ROI measures 119.04% and total cumulative return in cash totals $90,365.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,805/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
10,071 sqft 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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