206 SW 7th StLockneyTX79241
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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
Investment property for sale in Lockney at 206 SW 7th St, Lockney, TX, 79241 with 5% annual appreciation on a $159,900 basis while $1,239/mo rent supports operations. Total monthly income totals $1,239/mo and a $783/mo payment preserves $102/mo for cash returns. Annual cash flow comes to $1,219/yr on $53,007 deployed, and return on cash invested reaches 22.21% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 9.3%. Five-year ROI measures 116.42% and total cumulative return in cash totals $61,710.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,239/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79241, Lockney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 964 (100%) |
| Owner Occupied HU | 597 (61.9%) |
| Renter Occupied HU | 190 (19.7%) |
| Vacant Housing Units | 177 (18.4%) |
| Median Home Value | $110,685 |
| Average Home Value | $121,604 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
94
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