8811 Grey ElmElmendorfTX78112
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 Elmendorf at 8811 Grey Elm, Elmendorf, TX, 78112 offers $1,590/mo rent that, after a $1,298/mo payment. Total monthly income is $1,590/mo. Return on cash invested measures 15.32% in year one, and rental yield stands at 7.19% at a $265,215 entry. Equity gained on principal adds $1,711/yr while 5% annual appreciation compounds into $73,274 by year five. Five-year ROI records 79.72% and total cumulative return in cash reaches $70,091. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,590/mo property income versus a $1,298/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,279 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78112, Elmendorf, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,837 (100%) |
| Owner Occupied HU | 3,111 (81.1%) |
| Renter Occupied HU | 463 (12.1%) |
| Vacant Housing Units | 263 ( 6.9%) |
| Median Home Value | $225,106 |
| Average Home Value | $267,048 |
Housing Distribution
Address Breakdown
Residential
3,591
Single Family
3,591
Multi-Family
0
Businesses
123
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Listed by: Bryan Blagg • Castlerock Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1859713
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.