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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% |
Investment property for sale in Ennis at 1109 W Lampasas St, Ennis, TX, 75119 uses $99,119 cash to close to unlock $10,467/yr annual cash flow and $872/mo monthly cash flow. Total monthly income runs $2,998/mo, and a $1,463/mo payment keeps the spread at $872/mo. Purchase price stands at $299,000, and rental yield measures 12.03% with $2,998/mo rent. Return on cash invested shows 30.47% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 160.71% and total cumulative return in cash records $159,298. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,998/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Listed for sale | $299,000 |
| 2024-06-25 | Listing removed | N/A |
| 2024-05-25 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $4005.00 | -10.68% | $244,654 | 30.58% |
| 2022-08-14 | $4483.90 | N/A | $187,357 | 23.52% |
| 2021-08-14 | N/A | N/A | $151,680 | 4.87% |
Listed by: Regina Jurica • City Real Estate
Mls Name: NTREIS
Mls ID: #20617520
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
