640 Blackbuck Ridge DrLampasasTX76550
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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 Lampasas at 640 Blackbuck Ridge Dr, Lampasas, TX, 76550 offers $3,016/mo rent that, after a $4,845/mo payment. Total monthly income is $3,016/mo. Return on cash invested measures 5.07% in year one, and rental yield stands at 3.66% at a $989,900 entry. Equity gained on principal adds $6,388/yr while 5% annual appreciation compounds into $273,491 by year five. Five-year ROI records 24.5% and total cumulative return in cash reaches $79,777. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,016/mo property income versus a $4,845/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
5 Acres lot
$N/A/sqft
$550 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
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Listed by: Alexis Thompson • Bar T Realty, LLC
Mls Name: NTREIS
Mls ID: #20981081
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.