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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1403 Illinois Ave, Lancaster, TX, 75134 with 5% annual appreciation on a $280,000 basis while $2,761/mo rent supports operations. Total monthly income totals $2,761/mo and a $1,370/mo payment preserves $762/mo for cash returns. Annual cash flow comes to $9,143/yr on $92,820 deployed, and return on cash invested reaches 29.76% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 11.83%. Five-year ROI measures 156.91% and total cumulative return in cash totals $145,641.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,761/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
8,712 sqft lot
$N/A/sqft
$101 annually HOA
Neighborhood data shown for ZIP Code: 75134, Lancaster, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,830 (100%) |
| Owner Occupied HU | 4,566 (58.3%) |
| Renter Occupied HU | 2,789 (35.6%) |
| Vacant Housing Units | 475 ( 6.1%) |
| Median Home Value | $275,768 |
| Average Home Value | $313,462 |
Residential
7,055
Single Family
6,308
Multi-Family
747
Businesses
266
Date | Event | Price |
|---|---|---|
| 2025-05-16 | Listed for sale | $280,000 |
| 2013-04-23 | Listing removed | $167,490 |
| 2013-04-20 | Listed for sale | $167,490 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $4166.01 | 2.20% | $318,530 | -6.03% |
| 2023-05-16 | $4076.22 | N/A | $338,970 | N/A |
Listed by: Ashley Cunningham • Fathom Realty
Mls Name: NTREIS
Mls ID: #20938068
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.
