






A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Lancaster at 215 E 4th St, Lancaster, TX, 75146 generates $794/mo in rent and, after a $489/mo payment, leaves $63/mo in cash flow. Total monthly income is $794/mo, and annual cash flow is $759/yr on $33,150 invested. Return on cash invested sits at 22.2% in year one, and rental yield is 9.53% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 116.72% and total cumulative return in cash sums $38,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $794/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
10,410 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 |
|---|---|---|
| 2025-09-16 | Listed for sale | $100,000 |
| 2010-10-21 | Listing removed | $57,700 |
| 2010-03-06 | Price change | $57,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-16 | $1900.95 | 13.63% | $186,690 | 48.20% |
| 2023-09-16 | $1672.99 | -49.88% | $125,970 | N/A |
| 2022-09-16 | $3337.67 | 94.77% | $125,970 | 109.95% |



Listed by: Mark Hood • Starmark Properties
Mls Name: NTREIS
Mls ID: #21061591
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.