298 Prairie #3449LampasasTX76550
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 Lampasas at 298 Prairie #3449, Lampasas, TX, 76550 listed at $458,000 pairs $1,920/mo rent with a $2,242/mo payment. Total monthly income runs $1,920/mo. Return on cash invested measures 9.27% in year one, and rental yield registers 5.03% at a $458,000 basis. Equity gained on principal adds $2,955/yr, and annual property appreciation at 5% supports $126,537 by year five. Five-year ROI tracks 47.06% and total cumulative return in cash totals $71,445. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $2,242/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2013
10.50 Acres lot
$N/A/sqft
$100 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Audrey Bear • Bear Real Estate Services
Mls Name: NTREIS
Mls ID: #20774111
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.