8702 M Dr #GElsaTX78543
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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
Rental property for sale in Elsa at 8702 M Dr #G, Elsa, TX, 78543 offers $2,598/mo rent that, after a $2,203/mo payment. Total monthly income is $2,598/mo. Return on cash invested measures 15.06% in year one, and rental yield stands at 6.93% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 78.07% and total cumulative return in cash reaches $116,454. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,598/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.53 Acres 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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