3359 County Road 2300ElkhartTX75839
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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 Elkhart at 3359 County Road 2300, Elkhart, TX, 75839 earns $633/mo cash flow from $2,269/mo rent with a $1,126/mo payment. Total monthly income totals $2,269/mo, and annual cash flow totals $7,598/yr on $76,245 capital. ROI tracks 29.87% on current figures, and rental yield reads 11.84% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 157.55% and total cumulative return in cash sums $120,127. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,269/mo property income instead of your personal income.
Single Family
Built in 2010
7.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75839, Elkhart, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 1,678 (67.7%) |
| Renter Occupied HU | 468 (18.9%) |
| Vacant Housing Units | 333 (13.4%) |
| Median Home Value | $262,245 |
| Average Home Value | $317,059 |
Housing Distribution
Address Breakdown
Residential
2,184
Single Family
2,184
Multi-Family
0
Businesses
110
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