2012 54th StLubbockTX79412
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
Rental property for sale in Lubbock at 2012 54th St, Lubbock, TX, 79412 generates $2,662/mo in rent and, after a $1,016/mo payment, leaves $1,186/mo in cash flow. Total monthly income is $2,662/mo, and annual cash flow is $14,232/yr on $68,786 invested. Return on cash invested sits at 40.6% in year one, and rental yield is 15.39% on a $207,500 entry. Equity gained on principal adds $1,339/yr, while 5% annual appreciation builds toward $57,328 over five years. Five-year ROI reaches 215.08% and total cumulative return in cash sums $147,947. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,662/mo property income rather than buyer’s personal income.
Multi Family
Built in 1961
0.44 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
Listed by: Carrie Broadus • McDougal, REALTORS
Mls Name: LBMLS
Mls Provider:
Mls ID: #202407997
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.