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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 3130 Springfield Ave, Lancaster, TX, 75134 offers a 8% rental yield on a $219,400 purchase with $1,463/mo rent. 3% in year one. Equity gained on principal adds $1,416/yr while 5% annual appreciation supports $60,616 over five years. Portfolio math shows five-year ROI at 95.45% and total cumulative return in cash at $69,423. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,463/mo property income against a $1,074/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
10,280 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: Ashlyn Dover • Citiwide Alliance Realty
Mls Name: NTREIS
Mls ID: #20991835
