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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 Lampasas at 302 S Walnut St #A-B, Lampasas, TX, 76550 with 5% annual appreciation on a $355,000 basis while $2,633/mo rent supports operations. Total monthly income totals $2,633/mo and a $1,738/mo payment preserves $108/mo for cash returns. Annual cash flow comes to $1,297/yr on $117,683 deployed, and return on cash invested reaches 21.01% in year one. Equity gained on principal adds $2,291/yr, and five-year appreciation sums $98,080 alongside rental yield of 8.9%. Five-year ROI measures 109.99% and total cumulative return in cash totals $129,444.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,633/mo property income versus a $1,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
8,973 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76550, Lampasas, TX area.
| 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 |
Residential
5,631
Single Family
5,454
Multi-Family
177
Businesses
629
Date | Event | Price |
|---|---|---|
| 2024-08-09 | Listed for sale | $355,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Leah Caruthers • TEXAS REAL ESTATE SALES
Mls Name: NTREIS
Mls ID: #20700683
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.
