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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% |
Rental property for sale in Lancaster at 1505 Addison Dr, Lancaster, TX, 75134 generates $2,460/mo in rent and, after a $1,610/mo payment, leaves $67/mo in cash flow. Total monthly income is $2,460/mo, and annual cash flow is $798/yr on $109,064 invested. Return on cash invested sits at 20.64% in year one, and rental yield is 8.97% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 108.2% and total cumulative return in cash sums $118,005. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,460/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
6,268 sqft lot
$N/A/sqft
$650 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 |
|---|---|---|
| 2025-02-11 | Price change | $329,000 |
| 2025-02-10 | Price change | $319,000 |
| 2024-09-10 | Listed for sale | $359,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jagjit Singh • Jagjit Singh
Mls Name: NTREIS
Mls ID: #20725168
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.
