2318 Blizzard DrLockhartTX78644
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 2318 Blizzard Dr, Lockhart, TX, 78644 generates $2,550/mo in rent and, after a $944/mo payment, leaves $1,179/mo in cash flow. Total monthly income is $2,550/mo, and annual cash flow is $14,143/yr on $63,913 invested. Return on cash invested sits at 42.04% in year one, and rental yield is 15.87% on a $192,800 entry. Equity gained on principal adds $1,244/yr, while 5% annual appreciation builds toward $53,267 over five years. Five-year ROI reaches 222.74% and total cumulative return in cash sums $142,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,550/mo property income rather than buyer’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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