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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lockhart at 2302 Tornado Aly, Lockhart, TX, 78644 uses $92,787 cash to close to unlock $6,715/yr annual cash flow and $560/mo monthly cash flow. Total monthly income runs $2,550/mo, and a $1,370/mo payment keeps the spread at $560/mo. Purchase price stands at $279,900, and rental yield measures 10.93% with $2,550/mo rent. Return on cash invested shows 27.15% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 142.87% and total cumulative return in cash records $132,565. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,550/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78644, Lockhart, TX area.
| 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 |
Residential
8,067
Single Family
7,406
Multi-Family
661
Businesses
755
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Veronica Alonzo • Shalom Realty & Investments Llc
Mls Name: Greater McAllen AOR
Mls ID: #472374
