224 Sides LnLockhartTX78644
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 224 Sides Ln, Lockhart, TX, 78644 offers $2,160/mo rent that, after a $1,077/mo payment, leaves $595/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $7,144/yr on $72,930 cash. Return on cash invested measures 29.7% in year one, and rental yield stands at 11.78% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 156.64% and total cumulative return in cash reaches $114,239. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
4.50 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices