








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 1922 Palma Pita St, Lancaster, TX, 75146 at $365,000 posts ROI 46.46% with $2,677/mo cash flow from $5,272/mo rent. Total monthly income equals $5,272/mo, and annual cash flow records $32,123/yr on $120,998 to close. Return on cash invested measures 46.46% and rental yield reads 17.33% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 246.41% and total cumulative return in cash totals $298,147.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,272/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
7,013 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-07-06 | Price change | $365,000 |
| 2024-04-13 | Price change | $375,000 |
| 2024-03-15 | Listed for sale | $405,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $5654.12 | -9.71% | $371,720 | 21.07% |
| 2022-08-14 | $6262.39 | -0.02% | $307,020 | 20.21% |
| 2021-08-14 | $6263.44 | 6.96% | $255,410 | 12.67% |



Listed by: Cecili Bussey • INC Realty LLC
Mls Name: NTREIS
Mls ID: #20561391
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.