1706 Miller Ter, Lockhart, TX, 78644 | $27/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1706 Miller Ter, Lockhart, TX, 78644 | $27/mo Cash Flow | Ziffy

For Sale

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

Rental property for sale in Lockhart at 1706 Miller Ter, Lockhart, TX, 78644 priced at $299,990 converts $2,160/mo rent into $27/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $324/yr on $99,447 invested. Return on cash invested prints 20.24% in year one, and rental yield reads 8.64% against a $299,990 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,882 by year five. Five-year ROI reaches 105.86% and total cumulative return in cash sums $105,273. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,468/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Step into the Denton at Hansford, one of our communities in Lockhart, Texas. This one-story home is perfect for small families looking for extra space. Inside this 1,566 square foot home, you will find 3 bedrooms, 2 bathrooms and a 2-car garage. Our homes in Hansford feature farmhouse exteriors. Coming into the house from the covered front porch, you'll find a foyer and hallway that takes you to the heart of the house, the living space. The open concept design of kitchen, dining room and family room allows for easy entertaining and everyday living. The L-shaped kitchen includes granite countertops, a large island with an undermount sink, a corner pantry closet, stainless-steel appliances and 36'' upper cabinets. The primary bedroom is off the dining room and has its own attached bathroom. Enjoy the 5' walk in shower, vanity, and separate door to the toilet for privacy. A huge walk-in closet with generous shelving is connected to the bathroom. You will have plenty of space in this closet for your accessories or prized possessions. The secondary bedrooms are off the foyer at the front of the home. In the hall between the bedrooms is the secondary bathroom, which includes a tub/shower combination. Each bedroom includes a closet with shelving. The utility room is tucked away between the foyer and kitchen, convenient to all bedrooms once the clothes are cleaned. The Denton includes vinyl flooring throughout the common areas of the home, and carpet in the bedrooms. All our new

Neighborhood Data

Neighborhood data shown for ZIP Code: 78644, Lockhart, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,724 (100%)
Owner Occupied HU	5,615 (64.4%)
Renter Occupied HU	2,384 (27.3%)
Vacant Housing Units	725 ( 8.3%)
Median Home Value	$234,543
Average Home Value	$282,891