2025 Applewood DrLockhartTX78644
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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
Investment Highlights
Rental property for sale in Lockhart at 2025 Applewood Dr, Lockhart, TX, 78644 priced at $357,480 pairs $2,550/mo rent with $8/mo cash flow after a $1,750/mo payment. Total monthly income equals $2,550/mo, and annual cash flow comes to $91/yr on $118,505 invested. Return on cash invested is 19.99% in year one, and rental yield stands at 8.56% on a $357,480 basis. Equity gained on principal adds $2,307/yr, and 5% annual appreciation accumulates to $98,765 by year five. Five-year ROI measures 104.47% and total cumulative return in cash reaches $123,802. For financing, Ziffy Mortgage’s DSCR program evaluates $2,550/mo property income against a $1,750/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
5,488 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,067
Single Family
7,406
Multi-Family
661
Businesses
755
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