3200 Elm Springs TrlMenardTX76859
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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 Menard at 3200 Elm Springs Trl, Menard, TX, 76859 earns from $744/mo rent with a $964/mo payment. Total monthly income totals $744/mo. ROI tracks 7.84% on current figures, and rental yield reads 4.53% at a $197,000 purchase. Equity gained on principal adds $1,271/yr, and 5% annual appreciation supports $54,427 over five years. Five-year ROI reaches 39.4% and total cumulative return in cash sums $25,730. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $744/mo property income instead of your personal income.
Single Family
Built in N/A
20.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76859, Menard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 624 (50.6%) |
| Renter Occupied HU | 186 (15.1%) |
| Vacant Housing Units | 424 (34.4%) |
| Median Home Value | $117,045 |
| Average Home Value | $212,796 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
130
Multi-Family
1
Businesses
91
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