








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 8935 Grey Elm, Elmendorf, TX, 78112 priced at $300,845 converts $2,880/mo rent into $741/mo cash flow after a $1,472/mo obligation. Total monthly income equals $2,880/mo, and annual cash flow totals $8,894/yr on $99,730 invested. Return on cash invested prints 28.83% in year one, and rental yield reads 11.49% against a $300,845 entry. Equity gained on principal adds $1,941/yr, while 5% annual appreciation compiles into $83,118 by year five. Five-year ROI reaches 151.91% and total cumulative return in cash sums $151,501. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $1,472/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-01-07 | Listed for sale | $300,845 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Janet Fabian • CastleRock Communities
Mls Name: Castlerock Communities
Mls ID: #N/A