








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 Lockhart at Beckman Plan, Summerside: Watermill Collection, Lockhart, TX, 78644 offers $2,165/mo rent that, after a $1,317/mo payment, leaves $252/mo cash flow. Total monthly income is $2,165/mo, and annual cash flow is $3,021/yr on $89,170 cash. Return on cash invested measures 23.3% in year one, and rental yield stands at 9.66% at a $268,990 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,317 by year five. Five-year ROI records 122.22% and total cumulative return in cash reaches $108,980. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,165/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78644, Lockhart, TX area.
| 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 |
Residential
8,067
Single Family
7,406
Multi-Family
661
Businesses
755
Date | Event | Price |
|---|---|---|
| 2024-10-10 | Price change | $268,990 |
| 2024-04-16 | Listed for sale | $264,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A