743 S Blanco 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 743 S Blanco St, Lockhart, TX, 78644 at $309,900 posts ROI 16.64% with from $1,924/mo rent. Total monthly income equals $1,924/mo. Return on cash invested measures 16.64% and rental yield reads 7.45% at the current $309,900. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 by year five. Five-year ROI prints 86.56% and total cumulative return in cash totals $88,920. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,924/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.27 Acres 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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