320 W Bryant StLockneyTX79241
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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
Rental property for sale in Lockney at 320 W Bryant St, Lockney, TX, 79241 offers $1,026/mo rent that, after a $1,223/mo payment. Total monthly income is $1,026/mo. Return on cash invested measures 9.03% in year one, and rental yield stands at 4.93% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 45.78% and total cumulative return in cash reaches $37,922. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,026/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79241, Lockney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 964 (100%) |
| Owner Occupied HU | 597 (61.9%) |
| Renter Occupied HU | 190 (19.7%) |
| Vacant Housing Units | 177 (18.4%) |
| Median Home Value | $110,685 |
| Average Home Value | $121,604 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
94
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