








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 1648 Ashley Ct, Lancaster, TX, 75146 listed at $340,000 pairs $2,975/mo rent with a $1,664/mo payment to leave $532/mo cash flow. Total monthly income runs $2,975/mo, and annual cash flow reaches $6,388/yr on $112,710 cash to close. Return on cash invested measures 25.58% in year one, and rental yield registers 10.5% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 134.56% and total cumulative return in cash totals $151,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,975/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
8,058 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood data shown for ZIP Code: 75146, Lancaster, TX area.
| 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 |
Residential
8,628
Single Family
7,427
Multi-Family
1,201
Businesses
645
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Listed for sale | $340,000 |
| 2020-05-29 | Sold | N/A |
| 2020-05-07 | Pending sale | $248,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-25 | $4175.48 | 12.30% | $364,550 | 7.72% |
| 2023-08-25 | $3718.04 | -16.03% | $338,420 | N/A |
| 2022-08-25 | $4427.65 | -0.68% | $338,420 | 37.71% |



Listed by: Britaney Hughes • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #21041802
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.