








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Elmendorf at 8920 Grey Elm, Elmendorf, TX, 78112 generates $2,880/mo in rent and, after a $1,460/mo payment, leaves $719/mo in cash flow. Total monthly income is $2,880/mo, and annual cash flow is $8,628/yr on $98,851 invested. Return on cash invested sits at 28.64% in year one, and rental yield is 11.59% on a $298,193 entry. Equity gained on principal adds $1,924/yr, while 5% annual appreciation builds toward $82,385 over five years. Five-year ROI reaches 151.08% and total cumulative return in cash sums $149,349. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
5,514 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood data shown for ZIP Code: 78112, Elmendorf, TX area.
| 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 |
Residential
3,591
Single Family
3,591
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $298,193 |
| 2025-04-01 | Listing removed | $298,193 |
| 2025-02-25 | Listed for sale | $298,193 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Pull Down Storage,Partially Floored
Listed by: Bryan Blagg • Castlerock Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1860335
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.