Neches Plan, Hickory RidgeElmendorfTX78112
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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
Investment Highlights
Investment property for sale in Elmendorf at Neches Plan, Hickory Ridge, Elmendorf, TX, 78112 uses $90,828 cash to close to unlock $1,688/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $2,089/mo, and a $1,341/mo payment keeps the spread at $141/mo. Purchase price stands at $273,990, and rental yield measures 9.15% with $2,089/mo rent. Return on cash invested shows 21.77% in year one, and 5% annual appreciation builds toward $75,698 over five years. Five-year ROI reaches 114.02% and total cumulative return in cash records $103,566. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,089/mo property income covering a $1,341/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,591
Single Family
3,591
Multi-Family
0
Businesses
123
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