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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Elgin at Joyce III Plan, Creeks Crossing, Elgin, TX, 78621 offers a 8.15% rental yield on a $319,990 purchase with $2,174/mo rent. 29% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,407 over five years. Portfolio math shows five-year ROI at 95.53% and total cumulative return in cash at $101,340. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,174/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$42 monthly 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 |
|---|---|---|
| 2025-11-05 | Price change | $319,990 |
| 2025-09-24 | Listed for sale | $339,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • DRB Homes
Mls Name: DRB Homes
Mls Provider:
Mls ID: #N/A
