Atlantis Plan, Eagles Landing, Elgin, TX, 78621 | $496/mo Cash Flow

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Atlantis Plan, Eagles Landing, Elgin, TX, 78621 | $496/mo Cash Flow | Ziffy

For Sale

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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 Elgin at Atlantis Plan, Eagles Landing, Elgin, TX, 78621 priced at $235,990 pairs $2,174/mo rent with $496/mo cash flow after a $1,155/mo payment. Total monthly income equals $2,174/mo, and annual cash flow comes to $5,951/yr on $78,231 invested. Return on cash invested is 27.52% in year one, and rental yield stands at 11.05% on a $235,990 basis. Equity gained on principal adds $1,523/yr, and 5% annual appreciation accumulates to $65,200 by year five. Five-year ROI measures 144.84% and total cumulative return in cash reaches $113,307. For financing, Ziffy Mortgage’s DSCR program evaluates $2,174/mo property income against a $1,155/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Step through the front porch into a foyer that leads to two bedrooms and a full bath near the front of the home. A coat closet and linen storage are located just off the hallway for added convenience. At the center of the home, the kitchen opens to the family room, creating a connected main living area. The primary bedroom is located at the back and features a walk-in closet and a primary bath. A patio is accessible through the family room, and the two-car garage connects to the home through a hallway near the secondary bedrooms.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78621, Elgin, TX area.

Housing Distribution

Housing Statistics

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