320 Laredo StLockhartTX78644
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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 Lockhart at 320 Laredo St, Lockhart, TX, 78644 with 5% annual appreciation on a $199,900 basis while $1,569/mo rent supports operations. Total monthly income totals $1,569/mo and a $978/mo payment preserves $148/mo for cash returns. Annual cash flow comes to $1,775/yr on $66,267 deployed, and return on cash invested reaches 22.59% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 9.42%. Five-year ROI measures 118.41% and total cumulative return in cash totals $78,469.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,569/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
5,501 sqft 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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