Greeley Plan, Hickory Ridge, Elmendorf, TX, 78112 | 5.31% Rental Yield

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Greeley Plan, Hickory Ridge, Elmendorf, TX, 78112 | 5.31% Rental Yield | 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

Investment property for sale in Elmendorf at Greeley Plan, Hickory Ridge, Elmendorf, TX, 78112 with 5% annual appreciation on a $358,990 basis while $1,590/mo rent supports operations. 2% in year one. Equity gained on principal adds $2,317/yr, and five-year appreciation sums $99,182 alongside rental yield of 5.31%. Five-year ROI measures 52.02% and total cumulative return in cash totals $61,912. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,590/mo property income versus a $1,757/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Storage space is no issue with the flexible Greeley floor plan. This well-designed home greets you with a large foyer area that grants you entry to your second and third bedrooms, each containing walk-in closets for maximum storage. The full secondary bath resides between the two bedrooms. Down the hall is entry to your walk-in utility room, as well as your two-car garage. If you need extra space for supplies, tools, or another car, the Greeley provides you with the opportunity to swap your two-car standard garage for a two-and a half car or three-car garage. Around the corner is your spacious, open-concept kitchen that features a unique curved kitchen island overlooking the expansive dining room and family room. This combination of rooms is the perfect layout for elaborate dinner parties or hosting your family gatherings of any size. Your kitchen boasts incredible features like sleek granite countertops, flat-panel birch cabinets, industry-leading appliances, and an oversized pantry. The Greeley home also gives you the option of including a covered patio - ideal for relaxing outdoors and watching the kids play or hosting friends for backyard barbecues. When it's time for rest, retreat to your private master bedroom right off the family room. Your master suite boasts a divine master bathroom consisting of double vanities with cultured marble countertops, a soaking bathtub with a stand-alone shower, and a generously-sized walk-in closet. If you desire, you have the option...

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