








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 Elmendorf at Matagorda Plan, Hickory Ridge, Elmendorf, TX, 78112 offers $2,527/mo rent that, after a $1,527/mo payment, leaves $308/mo cash flow. Total monthly income is $2,527/mo, and annual cash flow is $3,701/yr on $103,425 cash. Return on cash invested measures 23.49% in year one, and rental yield stands at 9.72% at a $311,990 entry. Equity gained on principal adds $2,013/yr while 5% annual appreciation compounds into $86,197 by year five. Five-year ROI records 123.26% and total cumulative return in cash reaches $127,484. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,527/mo property income versus a $1,527/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: 78112, Elmendorf, TX area.
| 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 |
Residential
3,591
Single Family
3,591
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2025-03-01 | Price change | $311,990 |
| 2025-02-01 | Price change | $309,990 |
| 2024-12-13 | Price change | $307,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



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