




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 Ridgeland Plan, Summerside: Stonehill Collection, Lockhart, TX, 78644 offers $2,160/mo rent that, after a $1,346/mo payment, leaves $204/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $2,453/yr on $91,159 cash. Return on cash invested measures 22.6% in year one, and rental yield stands at 9.43% at a $274,990 entry. Equity gained on principal adds $1,774/yr while 5% annual appreciation compounds into $75,975 by year five. Five-year ROI records 118.52% and total cumulative return in cash reaches $108,044. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,346/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 |
|---|---|---|
| 2025-04-24 | Price change | $274,990 |
| 2024-04-16 | Listed for sale | $237,990 |
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