2937 Monticello LnLancasterTX75134
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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 2937 Monticello Ln, Lancaster, TX, 75134 uses $89,837 cash to close to unlock $7,959/yr annual cash flow and $663/mo monthly cash flow. Total monthly income runs $2,590/mo, and a $1,326/mo payment keeps the spread at $663/mo. Purchase price stands at $271,000, and rental yield measures 11.47% with $2,590/mo rent. Return on cash invested shows 28.77% in year one, and 5% annual appreciation builds toward $74,872 over five years. Five-year ROI reaches 151.6% and total cumulative return in cash records $136,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,590/mo property income covering a $1,326/mo payment rather than investor’s personal income.
Single Family
Built in 2002
6,664 sqft 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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