2105 Glenna Goodacre BlvdLubbockTX79401
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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
Investment property for sale in Lubbock at 2105 Glenna Goodacre Blvd, Lubbock, TX, 79401 with 5% annual appreciation on a $499,800 basis while $1,900/mo rent supports operations. 93% in year one. Equity gained on principal adds $3,225/yr, and five-year appreciation sums $138,086 alongside rental yield of 4.56%. Five-year ROI measures 39.83% and total cumulative return in cash totals $65,993. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,900/mo property income versus a $2,446/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79401, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,519 (100%) |
| Owner Occupied HU | 395 ( 8.7%) |
| Renter Occupied HU | 3,286 (72.7%) |
| Vacant Housing Units | 838 (18.5%) |
| Median Home Value | $155,000 |
| Average Home Value | $238,885 |
Housing Distribution
Address Breakdown
Residential
2,394
Single Family
1,605
Multi-Family
789
Businesses
854
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