1405 W North AveLampasasTX76550
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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
Investment Highlights
Investment property for sale in Lampasas at 1405 W North Ave, Lampasas, TX, 76550 offers a 7.62% rental yield on a $300,000 purchase with $1,904/mo rent. 15% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 89.23% and total cumulative return in cash at $88,740. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,904/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76550, Lampasas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,182 (100%) |
| Owner Occupied HU | 3,845 (62.2%) |
| Renter Occupied HU | 1,578 (25.5%) |
| Vacant Housing Units | 759 (12.3%) |
| Median Home Value | $259,364 |
| Average Home Value | $348,955 |
Housing Distribution
Address Breakdown
Residential
5,631
Single Family
5,454
Multi-Family
177
Businesses
629
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Listed by: Leah Caruthers • TEXAS REAL ESTATE SALES
Mls Name: NTREIS
Mls ID: #20914497
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.