2530 Gerry Way StLancasterTX75134
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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 Lancaster at 2530 Gerry Way St, Lancaster, TX, 75134 earns from $1,574/mo rent with a $1,121/mo payment. Total monthly income totals $1,574/mo. ROI tracks 19.05% on current figures, and rental yield reads 8.25% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 99.45% and total cumulative return in cash sums $75,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,574/mo property income instead of your personal income.
Single Family
Built in 1960
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75134, Lancaster, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,055
Single Family
6,308
Multi-Family
747
Businesses
266
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Listed by: Matt Templeton • Keller Williams Urban Dallas
Mls Name: NTREIS
Mls ID: #20949309
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.