




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 862 S Interstate 35 E, Lancaster, TX, 75146 uses $56,322 cash to close to unlock $2,813/yr annual cash flow and $234/mo monthly cash flow. Total monthly income runs $1,443/mo, and a $832/mo payment keeps the spread at $234/mo. Purchase price stands at $169,900, and rental yield measures 10.19% with $1,443/mo rent. Return on cash invested shows 24.9% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 130.91% and total cumulative return in cash records $73,730. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,443/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 1982
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75146, Lancaster, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,226 (100%) |
| Owner Occupied HU | 5,320 (64.7%) |
| Renter Occupied HU | 2,461 (29.9%) |
| Vacant Housing Units | 445 ( 5.4%) |
| Median Home Value | $277,990 |
| Average Home Value | $308,158 |
Residential
8,628
Single Family
7,427
Multi-Family
1,201
Businesses
645
Date | Event | Price |
|---|---|---|
| 2025-04-11 | Listed for sale | $169,900 |
| 2025-03-20 | Listing removed | $169,900 |
| 2025-03-13 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ira Thomas • Star Five, REALTORS
Mls Name: NTREIS
Mls ID: #20868660
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.