106 E Olive St, Lockhart, TX, 78644 | $133/mo Cash Flow

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106 E Olive St, Lockhart, TX, 78644 | $133/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Lockhart at 106 E Olive St, Lockhart, TX, 78644 with 5% annual appreciation on a $285,000 basis while $2,160/mo rent supports operations. Total monthly income totals $2,160/mo and a $1,395/mo payment preserves $133/mo for cash returns. Annual cash flow comes to $1,599/yr on $94,478 deployed, and return on cash invested reaches 21.6% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 9.09%. Five-year ROI measures 113.18% and total cumulative return in cash totals $106,926.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,160/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Manufactured

Built in 2005

0.53 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming and recently renovated 3-bedroom, 2-bath manufactured home located at 106 Olive St in the heart of Lockhart. This home offers a cozy country lifestyle with inviting spaces throughout. Upon entering, youre welcomed by a spacious living area that flows into a bright kitchen featuring a large center island, perfect for gatherings and everyday living. The primary suite includes a generous walk-in closet and a relaxing master bath with a soaking tub and walk-in shower. Outside, enjoy a large lot shaded by beautiful oak trees with partial wood fencing and expansive front and back porches ideal for entertaining. The backyard is where cherished memories are madewith this much space, the possibilities are endless right in your own yard. Prime location with no HOA, just minutes from downtown Lockharts dining, shopping, and schools.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78644, Lockhart, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,724 (100%)
Owner Occupied HU	5,615 (64.4%)
Renter Occupied HU	2,384 (27.3%)
Vacant Housing Units	725 ( 8.3%)
Median Home Value	$234,543
Average Home Value	$282,891