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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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$885,000
1 bds1 ba7638sqft
1610 45th StLubbockTX79412
1.29%
Gross Yield
-1.96%
ROI
$911/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
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NMLS #2625701
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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
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Investment Highlights
Investment property for sale in Lubbock at 1610 45th St, Lubbock, TX, 79412 offers a 1.24% rental yield on a $885,000 purchase with $911/mo rent. 12% in year one. Equity gained on principal adds $5,711/yr while 5% annual appreciation supports $244,509 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $911/mo property income against a $4,332/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1961
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79412, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,222 (100%) |
| Owner Occupied HU | 2,625 (42.2%) |
| Renter Occupied HU | 2,944 (47.3%) |
| Vacant Housing Units | 653 (10.5%) |
| Median Home Value | $113,395 |
| Average Home Value | $152,337 |
Housing Distribution
Address Breakdown
Residential
5,853
Single Family
5,388
Multi-Family
465
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved