Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lancaster at 1215 Poplar Ln, Lancaster, TX, 75146 uses $112,710 cash to close to unlock $14,806/yr annual cash flow and $1,234/mo monthly cash flow. Total monthly income runs $3,764/mo, and a $1,664/mo payment keeps the spread at $1,234/mo. Purchase price stands at $340,000, and rental yield measures 13.28% with $3,764/mo rent. Return on cash invested shows 33.05% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 174.92% and total cumulative return in cash records $197,154. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,764/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1986
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75146, Lancaster, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,226 (100%) |
| Owner Occupied HU | 5,320 (64.7%) |
| Renter Occupied HU | 2,461 (29.9%) |
| Vacant Housing Units | 445 ( 5.4%) |
| Median Home Value | $277,990 |
| Average Home Value | $308,158 |
Residential
8,628
Single Family
7,427
Multi-Family
1,201
Businesses
645
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Listed for sale | $340,000 |
| 2023-11-18 | Listing removed | N/A |
| 2023-10-31 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $6992.24 | 43.00% | $290,020 | 57.15% |
| 2022-09-05 | $4889.78 | 4.39% | $184,550 | 12.53% |
| 2021-09-05 | $4684.08 | 16.45% | $164,000 | 20.66% |
Listed by: Randy Mccool • RGP Realty Group, LLC
Mls Name: NTREIS
Mls ID: #20718136
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
