2204 W Old Lockhart RdWest PointTX78963
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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 West Point at 2204 W Old Lockhart Rd, West Point, TX, 78963 priced at $1,500,000 pairs $2,039/mo rent with after a $7,342/mo payment. Total monthly income equals $2,039/mo. Return on cash invested is -0.93% in year one, and rental yield stands at 1.63% on a $1,500,000 basis. Equity gained on principal adds $9,679/yr, and 5% annual appreciation accumulates to $414,422 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $2,039/mo property income against a $7,342/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
54.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78963, West Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 421 (100%) |
| Owner Occupied HU | 332 (78.9%) |
| Renter Occupied HU | 25 ( 5.9%) |
| Vacant Housing Units | 64 (15.2%) |
| Median Home Value | $327,907 |
| Average Home Value | $452,922 |
Housing Distribution
Address Breakdown
Residential
407
Single Family
407
Multi-Family
0
Businesses
16
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Listed by: Terrell Newton • Land Brokers, INC
Mls Name: HAR
Mls Provider:
Mls ID: #55762079
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