807 N 12th StLamesaTX79331
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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 Lamesa at 807 N 12th St, Lamesa, TX, 79331 generates $827/mo in rent and, after a $534/mo payment, leaves $51/mo in cash flow. Total monthly income is $827/mo, and annual cash flow is $617/yr on $36,134 invested. Return on cash invested sits at 21.62% in year one, and rental yield is 9.1% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 113.31% and total cumulative return in cash sums $40,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $827/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79331, Lamesa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,451 (100%) |
| Owner Occupied HU | 2,678 (60.2%) |
| Renter Occupied HU | 1,024 (23.0%) |
| Vacant Housing Units | 749 (16.8%) |
| Median Home Value | $115,729 |
| Average Home Value | $216,196 |
Housing Distribution
Address Breakdown
Residential
4,305
Single Family
4,158
Multi-Family
147
Businesses
480
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