Premier - Mimosa Plan, Creeks Crossing, Elgin, TX, 78621 | 7.31% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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Premier - Mimosa Plan, Creeks Crossing, Elgin, TX, 78621 | 7.31% Rental Yield | Ziffy

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Ziffy Mortgage

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

Return on cash invested sits at 16.21% in year one, and rental yield is 7.31% on a $419,990 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,035 over five years. Five-year ROI reaches 84.25% and total cumulative return in cash sums $117,304. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,558/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to the new build homes at Creeks Crossing, a vibrant community with new homes in Elgin, TX. Our new construction homes in the Austin area are places to live and spaces to thrive! Each new house will boast stylish designs emphasizing quality craftsmanship and contemporary finishes. Picture yourself indulging in a new house with luxurious bathrooms and entertaining in inviting living areas. At Creeks Crossing, residents will have access to endless activities in the charming town of Elgin. With local restaurants and retail on Main Street near Historic Downtown Elgin, the vibrant pulse of the community is always just around the corner. Explore the outdoors in Elgin, Texas, where you can find several parks, sports fields, and events. For indoor activities, head to the Elgin Recreation Center, your go-to spot for basketball games, fitness classes, and more. For some more fun, dive into Morris Memorial Pool, where endless summer memories are waiting to be made. Students will embark on an enriching experience at the esteemed Elgin ISD. Embrace the tranquility of Creeks Crossing and discover a new standard of living in Elgin, where our new homes for sale in the Austin area are crafted with you in mind.

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