RC Cypress Plan, Homewood Place, Elmendorf, TX, 78112 | $715/mo Cash Flow

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RC Cypress Plan, Homewood Place, Elmendorf, TX, 78112 | $715/mo Cash Flow | Ziffy

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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 Elmendorf at RC Cypress Plan, Homewood Place, Elmendorf, TX, 78112 listed at $240,900 pairs $2,428/mo rent with a $1,179/mo payment to leave $715/mo cash flow. Total monthly income runs $2,428/mo, and annual cash flow reaches $8,580/yr on $79,858 cash to close. Return on cash invested measures 30.65% in year one, and rental yield registers 12.09% at a $240,900 basis. Equity gained on principal adds $1,554/yr, and annual property appreciation at 5% supports $66,556 by year five. Five-year ROI tracks 161.65% and total cumulative return in cash totals $129,093. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,428/mo property income relative to a $1,179/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

The lovely rc cypress plan is full of curb appeal with its welcoming covered front porch and front yard landscaping. This home features an open floor plan with 4 bedrooms, 2 bathrooms, a large living room, a dining area, and a charming kitchen fully equipped with energy-efficient appliances, generous counter space, and a roomy pantry for snacking and preparing delicious family meals. Learn more about this home today!

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