106 Cherry LnLamesaTX79331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Lamesa at 106 Cherry Ln, Lamesa, TX, 79331 at $154,800 posts ROI 35.43% with $664/mo cash flow from $1,765/mo rent. Total monthly income equals $1,765/mo, and annual cash flow records $7,966/yr on $51,316 to close. Return on cash invested measures 35.43% and rental yield reads 13.68% at the current $154,800. Equity gained on principal adds $999/yr, and 5% annual appreciation supports $42,768 by year five. Five-year ROI prints 187.31% and total cumulative return in cash totals $96,121.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,765/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79331, Lamesa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,451 (100%) |
| Owner Occupied HU | 2,678 (60.2%) |
| Renter Occupied HU | 1,024 (23.0%) |
| Vacant Housing Units | 749 (16.8%) |
| Median Home Value | $115,729 |
| Average Home Value | $216,196 |
Housing Distribution
Address Breakdown
Residential
4,305
Single Family
4,158
Multi-Family
147
Businesses
480
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