







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 Elm Mott at 503 S Charles St, Elm Mott, TX, 76640 earns $55/mo cash flow from $1,050/mo rent with a $685/mo payment. Total monthly income totals $1,050/mo, and annual cash flow totals $656/yr on $46,410 capital. ROI tracks 21.32% on current figures, and rental yield reads 9% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 111.67% and total cumulative return in cash sums $51,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,050/mo property income instead of your personal income.
Single Family
Built in 1960
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76640, Elm Mott, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 984 (73.8%) |
| Renter Occupied HU | 241 (18.1%) |
| Vacant Housing Units | 108 ( 8.1%) |
| Median Home Value | $293,684 |
| Average Home Value | $314,433 |
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
188
Date | Event | Price |
|---|---|---|
| 2025-06-25 | Listed for sale | $140,000 |
| 2019-05-31 | Sold | N/A |
| 2019-03-29 | Pending sale | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $745.91 | -50.11% | $130,000 | -30.14% |
| 2023-06-26 | $1495.20 | -28.23% | $186,091 | 10.00% |
| 2022-06-26 | $2083.30 | -7.48% | $169,174 | 10.90% |



Listed by: Jamie Steele • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20981577
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.