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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 Lockhart at Ramsey Plan, Summerside: Watermill Collection, Lockhart, TX, 78644 priced at $294,990 pairs $2,550/mo rent with $452/mo cash flow after a $1,444/mo payment. Total monthly income equals $2,550/mo, and annual cash flow comes to $5,425/yr on $97,789 invested. Return on cash invested is 25.46% in year one, and rental yield stands at 10.37% on a $294,990 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,500 by year five. Five-year ROI measures 133.84% and total cumulative return in cash reaches $130,883. For financing, Ziffy Mortgage’s DSCR program evaluates $2,550/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or 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 |
|---|---|---|
| 2025-04-02 | Price change | $294,990 |
| 2024-10-10 | Price change | $284,990 |
| 2024-04-16 | Listed for sale | $279,990 |
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
