1468 Elm Forest WayLancasterTX75146
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
Investment property for sale in Lancaster at 1468 Elm Forest Way, Lancaster, TX, 75146 earns $362/mo cash flow from $2,399/mo rent with a $1,402/mo payment. Total monthly income totals $2,399/mo, and annual cash flow totals $4,343/yr on $94,971 capital. ROI tracks 24.48% on current figures, and rental yield reads 10.05% at a $286,490 purchase. Equity gained on principal adds $1,849/yr, and 5% annual appreciation supports $79,152 over five years. Five-year ROI reaches 128.57% and total cumulative return in cash sums $122,106. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,399/mo property income instead of your personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75146, Lancaster, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,628
Single Family
7,427
Multi-Family
1,201
Businesses
645
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