1266 Old Lytton Springs RdLockhartTX78644
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Lockhart at 1266 Old Lytton Springs Rd, Lockhart, TX, 78644 generates $2,462/mo in rent and, after a $1,025/mo payment, leaves $973/mo in cash flow. Total monthly income is $2,462/mo, and annual cash flow is $11,674/yr on $69,416 invested. Return on cash invested sits at 36.73% in year one, and rental yield is 14.11% on a $209,400 entry. Equity gained on principal adds $1,351/yr, while 5% annual appreciation builds toward $57,853 over five years. Five-year ROI reaches 194.23% and total cumulative return in cash sums $134,827. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,462/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
2.09 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,067
Single Family
7,406
Multi-Family
661
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices