345 N Fannin StElsaTX78543
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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 Elsa at 345 N Fannin St, Elsa, TX, 78543 uses $48,068 cash to close to unlock $1,603/yr annual cash flow and $134/mo monthly cash flow. Total monthly income runs $1,165/mo, and a $710/mo payment keeps the spread at $134/mo. Purchase price stands at $145,000, and rental yield measures 9.64% with $1,165/mo rent. Return on cash invested shows 23.24% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 122% and total cumulative return in cash records $58,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,165/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1984
4,125 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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