0 E Fm 2641LubbockTX79403
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Lubbock at 0 E Fm 2641, Lubbock, TX, 79403 earns from $1,045/mo rent with a $6,108/mo payment. Total monthly income totals $1,045/mo. ROI tracks -2.87% on current figures, and rental yield reads 1% at a $1,248,000 purchase. Equity gained on principal adds $8,053/yr, and 5% annual appreciation supports $344,799 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,045/mo property income instead of your personal income.
Single Family
Built in N/A
120.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79403, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,498 (100%) |
| Owner Occupied HU | 4,117 (54.9%) |
| Renter Occupied HU | 2,411 (32.2%) |
| Vacant Housing Units | 970 (12.9%) |
| Median Home Value | $84,502 |
| Average Home Value | $161,874 |
Housing Distribution
Address Breakdown
Residential
6,443
Single Family
5,977
Multi-Family
466
Businesses
426
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