








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Lancaster at 2828 Amber Waves Ln, Lancaster, TX, 75134 generates $4,231/mo in rent and, after a $2,139/mo payment, leaves $1,123/mo in cash flow. Total monthly income is $4,231/mo, and annual cash flow is $13,480/yr on $144,866 invested. Return on cash invested sits at 29.21% in year one, and rental yield is 11.62% on a $437,000 entry. Equity gained on principal adds $2,820/yr, while 5% annual appreciation builds toward $120,735 over five years. Five-year ROI reaches 153.96% and total cumulative return in cash sums $223,036. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,231/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
7,492 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Gloria Guajardo • HomeSmart
Mls Name: NTREIS
Mls ID: #21053294