




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 Elgin at Aruba Plan, Elm Creek: Eventide Collection, Elgin, TX, 78621 offers $2,174/mo rent that, after a $1,424/mo payment, leaves $105/mo cash flow. Total monthly income is $2,174/mo, and annual cash flow is $1,260/yr on $96,463 cash. Return on cash invested measures 21.21% in year one, and rental yield stands at 8.97% at a $290,990 entry. Equity gained on principal adds $1,878/yr while 5% annual appreciation compounds into $80,395 by year five. Five-year ROI records 111.04% and total cumulative return in cash reaches $107,115. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,174/mo property income versus a $1,424/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78621, Elgin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,834 (100%) |
| Owner Occupied HU | 9,052 (76.5%) |
| Renter Occupied HU | 2,160 (18.3%) |
| Vacant Housing Units | 622 ( 5.3%) |
| Median Home Value | $357,342 |
| Average Home Value | $417,153 |
Residential
11,094
Single Family
10,748
Multi-Family
346
Businesses
658
Date | Event | Price |
|---|---|---|
| 2025-11-21 | Listed for sale | $290,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A