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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% |
Rental property for sale in West at 402 W Lackey St, West, TX, 76691 offers $1,257/mo rent that, after a $808/mo payment, leaves $83/mo cash flow. Total monthly income is $1,257/mo, and annual cash flow is $999/yr on $54,698 cash. Return on cash invested measures 21.74% in year one, and rental yield stands at 9.14% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 113.93% and total cumulative return in cash reaches $62,315. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,257/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
9,321 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76691, West, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,894 (100%) |
| Owner Occupied HU | 2,109 (72.9%) |
| Renter Occupied HU | 569 (19.7%) |
| Vacant Housing Units | 216 ( 7.5%) |
| Median Home Value | $298,397 |
| Average Home Value | $355,776 |
Residential
2,793
Single Family
2,717
Multi-Family
76
Businesses
240
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: Raymond Wiggins • UCRE Heart of Texas Land & Home
Mls Name: NTREIS
Mls ID: #21073463
