2609 28th StLubbockTX79410
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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 2609 28th St, Lubbock, TX, 79410 listed at $138,800 pairs $1,272/mo rent with a $679/mo payment to leave $267/mo cash flow. Total monthly income runs $1,272/mo, and annual cash flow reaches $3,206/yr on $46,012 cash to close. Return on cash invested measures 26.88% in year one, and rental yield registers 11% at a $138,800 basis. Equity gained on principal adds $896/yr, and annual property appreciation at 5% supports $38,348 by year five. Five-year ROI tracks 141.7% and total cumulative return in cash totals $65,202. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,272/mo property income relative to a $679/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79410, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,270 (100%) |
| Owner Occupied HU | 1,453 (34.0%) |
| Renter Occupied HU | 2,184 (51.1%) |
| Vacant Housing Units | 633 (14.8%) |
| Median Home Value | $256,928 |
| Average Home Value | $293,500 |
Housing Distribution
Address Breakdown
Residential
3,947
Single Family
3,791
Multi-Family
156
Businesses
606
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