1476 Elm Forest Way, Lancaster, TX, 75146 | $722/mo Cash Flow

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1476 Elm Forest Way, Lancaster, TX, 75146 | $722/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lancaster at 1476 Elm Forest Way, Lancaster, TX, 75146 offers a 11.26% rental yield on a $317,490 purchase with $2,980/mo rent. Total monthly income registers $2,980/mo, and a $1,554/mo payment leaves $722/mo available for distribution. Annual cash flow reaches $8,667/yr on $105,248 to close, and return on cash invested stands at 28.14% in year one. Equity gained on principal adds $2,049/yr while 5% annual appreciation supports $87,717 over five years. Portfolio math shows five-year ROI at 148.24% and total cumulative return in cash at $156,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,980/mo property income against a $1,554/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautiful home plan with a lighted front porch and back patio. Enjoy the indoors as well with a quality gourmet kitchen that includes base level kitchen hard surface countertops (based on availability), base level stainless steel dishwasher and smooth top cooktop. Relax in the main bedroom suite with a luxurious bathroom that includes a 5-foot shower. Home features include energy efficient heating and cooling system per community guidelines and weather stripping around exterior doors. Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades, and standard features will vary in each community and may change without notice. May include options, elevations, and upgrades (such as patio covers, front porches, stone options, and lot premiums) that require an additional charge. Call for details.

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