Oleander Plan, Briarwood, Elgin, TX, 78621 | 8.08% Rental Yield

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Oleander Plan, Briarwood, Elgin, TX, 78621 | 8.08% 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 Elgin at Oleander Plan, Briarwood, Elgin, TX, 78621 with 5% annual appreciation on a $379,990 basis while $2,558/mo rent supports operations. 63% in year one. Equity gained on principal adds $2,452/yr, and five-year appreciation sums $104,984 alongside rental yield of 8.08%. Five-year ROI measures 92.16% and total cumulative return in cash totals $116,085. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,558/mo property income versus a $1,860/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

N/A lot

$N/A/sqft

$95 monthly HOA

More details about the property

The Oleander is a home that adapts beautifully to your needs. From the moment you step into the spacious entry, you'll notice the openness and flow of the layout. The island kitchen is the heart of the home, connecting seamlessly with the dining and family room for effortless entertaining or everyday comfort. The owner's suite is privately located and features a spa-like bath and oversized closet. Three additional bedrooms are included with a secluded bedroom and full bath at the front of home, for a private guest experience. Imagine the many uses of the flex room, for work, play or entertaining. A tech space for quiet study time and a generously sized pantry highlight just some of the many inspiring features of this home. Designed with flexibility and personalization in mind, the Oleander lets you live just the way you want.

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