1449 Johns AveLancasterTX75134
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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
Investment Highlights
Rental property for sale in Lancaster at 1449 Johns Ave, Lancaster, TX, 75134 generates $2,851/mo in rent and, after a $1,561/mo payment, leaves $579/mo in cash flow. Total monthly income is $2,851/mo, and annual cash flow is $6,953/yr on $105,749 invested. Return on cash invested sits at 26.48% in year one, and rental yield is 10.72% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 139.35% and total cumulative return in cash sums $147,361. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,851/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.75 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 75134, Lancaster, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,055
Single Family
6,308
Multi-Family
747
Businesses
266
Price History
Date | Event | Price |
|---|---|---|
| 2025-02-10 | Price change | $319,000 |
| 2024-12-19 | Listed for sale | $329,000 |
| 2024-12-10 | Contingent | $329,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5338.34 | -10.17% | $226,000 | -8.31% |
| 2023-02-13 | $5942.75 | 52.35% | $246,490 | 67.43% |
| 2022-02-13 | $3900.69 | 99.23% | $147,220 | 114.76% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1940
- Architectural Style: Detached
- Building Area: N/A
- Living Area: 1,755 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- Flooring: N/A
- Interior Features: Double Vanity
- Exterior Features: N/A
- Parking Features: Driveway
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Sewer Available, Water Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Pleasant Run
- Middle School: Lancaster
- High School: Lancaster
Listed by: John Pena • Indwell
Mls Name: NTREIS
Mls ID: #20597499
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.