2221 S 4th StLamesaTX79331
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
Rental property for sale in Lamesa at 2221 S 4th St, Lamesa, TX, 79331 generates $1,854/mo in rent and, after a $808/mo payment, leaves $680/mo in cash flow. Total monthly income is $1,854/mo, and annual cash flow is $8,163/yr on $54,698 invested. Return on cash invested sits at 34.83% in year one, and rental yield is 13.48% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 184.18% and total cumulative return in cash sums $100,739. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,854/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
8,755 sqft 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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Listed by: Sharon Youngblood • Sharon Youngblood Realty, LLC
Mls Name: TAR MLS
Mls ID: #210457
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-10-23 11:14:51 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Association provides the MLS and all content therein AS IS and without any warranty, express or implied. Copyright of Texas REALTORS. MLS aggregate data may not be reproduced or distributed.