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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 615 N Ridge St, Lampasas, TX, 76550 earns from $1,528/mo rent with a $1,101/mo payment. Total monthly income totals $1,528/mo. ROI tracks 18.75% on current figures, and rental yield reads 8.15% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 97.89% and total cumulative return in cash sums $73,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,528/mo property income instead of your personal income.
Single Family
Built in N/A
8,712 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 |
|---|---|---|
| 2025-01-21 | Listed for sale | $225,000 |
| 2025-01-15 | Pending sale | $225,000 |
| 2024-12-11 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $101,540 | 3.01% |
| 2023-02-13 | $1815.55 | 3.48% | $98,570 | 17.98% |
| 2022-02-13 | $1754.54 | N/A | $83,550 | 22.01% |
Listed by: Tanya Thompson • Always Here Properties, LLC
Mls Name: NTREIS
Mls ID: #20797473
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.
