








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 Lancaster at 2308 Redwood Dr, Lancaster, TX, 75134 earns $277/mo cash flow from $2,460/mo rent with a $1,468/mo payment. Total monthly income totals $2,460/mo, and annual cash flow totals $3,324/yr on $99,450 capital. ROI tracks 23.25% on current figures, and rental yield reads 9.84% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 122.17% and total cumulative return in cash sums $121,500. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,460/mo property income instead of your personal income.
Single Family
Built in 2018
6,011 sqft lot
$N/A/sqft
$150 quarterly HOA
Neighborhood data shown for ZIP Code: 75134, Lancaster, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,830 (100%) |
| Owner Occupied HU | 4,566 (58.3%) |
| Renter Occupied HU | 2,789 (35.6%) |
| Vacant Housing Units | 475 ( 6.1%) |
| Median Home Value | $275,768 |
| Average Home Value | $313,462 |
Residential
7,055
Single Family
6,308
Multi-Family
747
Businesses
266
Date | Event | Price |
|---|---|---|
| 2025-07-15 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-15 | $4423.95 | 10.22% | $292,390 | -11.73% |
| 2023-07-15 | $4013.83 | -14.46% | $331,250 | 27.08% |
| 2022-07-15 | $4692.51 | -1.71% | $260,670 | 38.54% |



Listed by: MrWillie Hannah • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20999836
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.