329 N Leon 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 329 N Leon Ave, Elsa, TX, 78543 priced at $216,900 converts $1,090/mo rent into after a $1,062/mo obligation. Total monthly income equals $1,090/mo. Return on cash invested prints 12.35% in year one, and rental yield reads 6.03% against a $216,900 entry. Equity gained on principal adds $1,400/yr, while 5% annual appreciation compiles into $59,925 by year five. Five-year ROI reaches 63.6% and total cumulative return in cash sums $45,730. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,090/mo property income covering a $1,062/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1,619 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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