8935 Grey Elm, Elmendorf, TX, 78112 | $741/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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8935 Grey Elm, Elmendorf, TX, 78112 | $741/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

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

More details about the property

The exciting Pedernales floor plan boasts a four bedroom, two bathroom single-story home.. Upon entering this outstanding home, you are met with a foyer area with access to your fourth bedroom at the front of the home. In need of a secluded work from home space or an area for the kids to do their homework? Transform the fourth bedroom in to a study room for your convenience. A little further down the hall and you will discover your third bedroom with the full secondary bathroom residing between the two bedrooms. You also will find the entry to your two-car garage. If you are needing more storage space, opt to add an extra five feet and make it a two-and-a-half car garage. Around the corner from the garage is your sizable walk-in utility room, as well as your second bedroom. At the heart of your home is the uniquely-designed combined family room and dining area that your friends and family are sure to enjoy. Never miss out on any conversations with guests, since the open-concept kitchen area opens up to the combined family room and dining area, making hosting guests for the holiday a breeze. Your kitchen comes fully equipped with ample counterspace featuring granite countertops with a ceramic tile backsplash, a kitchen island with the option to raise the bar for additional seating underneath, industry-leading appliances, and an oversized, walk-in pantry. You will love entertaining guests in this home! The door from your family room leads to your optional covered patio - perfec

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