Nettleton Plan, Summerside: Watermill Collection, Lockhart, TX, 78644 | $417/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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Nettleton Plan, Summerside: Watermill Collection, Lockhart, TX, 78644 | $417/mo Cash Flow | Ziffy

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lockhart at Nettleton Plan, Summerside: Watermill Collection, Lockhart, TX, 78644 generates $2,550/mo in rent and, after a $1,468/mo payment, leaves $417/mo in cash flow. Total monthly income is $2,550/mo, and annual cash flow is $5,004/yr on $99,447 invested. Return on cash invested sits at 24.94% in year one, and rental yield is 10.2% on a $299,990 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,882 over five years. Five-year ROI reaches 131.08% and total cumulative return in cash sums $130,353. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,550/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

This single-level home boasts a generous open floorplan shared between the family room, kitchen and dining room, offering direct access to a patio for seamless indoor-outdoor living and entertaining. The owner's suite is situated privately at the back of the home, while three additional bedrooms can be found off the foyer.

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