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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Elgin at 329 Sullivan Way, Elgin, TX, 78621 at $284,990 posts ROI 21.34% with $112/mo cash flow from $2,174/mo rent. Total monthly income equals $2,174/mo, and annual cash flow records $1,347/yr on $94,474 to close. Return on cash invested measures 21.34% and rental yield reads 9.15% at the current $284,990. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,737 by year five. Five-year ROI prints 111.89% and total cumulative return in cash totals $105,711.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,174/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
6,346 sqft lot
$N/A/sqft
$35 monthly HOA
Neighborhood data shown for ZIP Code: 78621, Elgin, TX area.
| 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 |
Residential
11,094
Single Family
10,748
Multi-Family
346
Businesses
658
Date | Event | Price |
|---|---|---|
| 2025-12-02 | Price change | $284,990 |
| 2025-11-02 | Price change | $288,261 |
| 2025-10-30 | Listed for sale | $307,479 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Matt Menard • ERA Experts
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #1795401
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-12-18 05:59:24 PST. 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)
