Medina Plan, Homestead Estates, Elgin, TX, 78621 | 8.63% Rental Yield

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1598 sft

723 Carol Dr, Hutto, TX, 78634

4 Bed
2 Bath
1794 sft

17013 Dusty Boots Ln, Elgin, TX, 78621

3 Bed
2 Bath
1510 sft

7900 Castelardo Pl, Round Rock, TX, 78665

2 Bed
3 Bath
1161 sft

505 Oertli Ln BUILDING 5, Austin, TX, 78753

Nearby investment properties with comparable prices

3 Bed
2 Bath
1388 sft

216 Bendecido Loop, Elgin, TX, 78621

3 Bed
2 Bath
1482 sft

330 Bendecido Loop, Elgin, TX, 78621

3 Bed
2 Bath
1482 sft

310 Bendecido Loop, Elgin, TX, 78621

3 Bed
2 Bath
1034 sft

208 Meadowside Dr, Hutto, TX, 78634

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,436/mo, and a $1,659/mo payment. Purchase price stands at $338,900, and rental yield measures 8.63% with $2,436/mo rent. Return on cash invested shows 19.87% in year one, and 5% annual appreciation builds toward $93,632 over five years. Five-year ROI reaches 103.98% and total cumulative return in cash records $116,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,436/mo property income covering a $1,659/mo payment rather than investor’s personal income.

Single Family

Built in 2024

N/A lot

$N/A/sqft

$29 monthly HOA

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