341 County Road 355ElmatonTX77440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elmaton at 341 County Road 355, Elmaton, TX, 77440 generates $1,176/mo in rent, after a $1,162/mo payment. Total monthly income is $1,176/mo. Return on cash invested sits at 12.1% in year one, and rental yield is 5.94% on a $237,500 entry. Equity gained on principal adds $1,533/yr, while 5% annual appreciation builds toward $65,617 over five years. Five-year ROI reaches 62.18% and total cumulative return in cash sums $48,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,176/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77440, Elmaton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8 (100%) |
| Owner Occupied HU | 7 (87.5%) |
| Renter Occupied HU | 1 (12.5%) |
| Vacant Housing Units | 0 |
| Median Home Value | $97,500 |
| Average Home Value | $180,357 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices