2303 Blizzard DrLockhartTX78644
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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 Lockhart at 2303 Blizzard Dr, Lockhart, TX, 78644 uses $95,634 cash to close to unlock $5,982/yr annual cash flow and $499/mo monthly cash flow. Total monthly income runs $2,550/mo, and a $1,412/mo payment keeps the spread at $499/mo. Purchase price stands at $288,490, and rental yield measures 10.61% with $2,550/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $79,704 over five years. Five-year ROI reaches 137.61% and total cumulative return in cash records $131,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,550/mo property income covering a $1,412/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A 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
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