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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% |
Rental property for sale in Lampasas at 6 Ramsey Ln, Lampasas, TX, 76550 offers $3,162/mo rent that, after a $1,419/mo payment, leaves $1,100/mo cash flow. Total monthly income is $3,162/mo, and annual cash flow is $13,202/yr on $96,135 cash. Return on cash invested measures 33.64% in year one, and rental yield stands at 13.08% at a $290,000 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,122 by year five. Five-year ROI records 177.73% and total cumulative return in cash reaches $170,860. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,162/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.29 Acres 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 |
|---|---|---|
| 2024-08-15 | Price change | $290,000 |
| 2024-06-19 | Price change | $299,500 |
| 2024-05-29 | Price change | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-08-16 | $3538.04 | N/A | $304,210 | 37.18% |
| 2021-08-16 | N/A | N/A | $221,760 | 40.20% |
| 2020-08-16 | N/A | N/A | $158,170 | 4.00% |
Listed by: Donna Scoggins • Scoggins Realty LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2033284
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-15 22:39:52 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)
