2609 Loyola StLubbockTX79415
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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 Loyola St, Lubbock, TX, 79415 with 5% annual appreciation on a $240,000 basis while $2,104/mo rent supports operations. Total monthly income totals $2,104/mo and a $1,175/mo payment preserves $397/mo for cash returns. Annual cash flow comes to $4,764/yr on $79,560 deployed, and return on cash invested reaches 25.9% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 10.52%. Five-year ROI measures 136.16% and total cumulative return in cash totals $108,326.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,104/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79415, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,356 (100%) |
| Owner Occupied HU | 2,928 (35.0%) |
| Renter Occupied HU | 4,417 (52.9%) |
| Vacant Housing Units | 1,011 (12.1%) |
| Median Home Value | $103,977 |
| Average Home Value | $252,752 |
Housing Distribution
Address Breakdown
Residential
6,145
Single Family
4,314
Multi-Family
1,831
Businesses
424
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Listed by: Reb Lopez • Exit Realty of Lubbock
Mls Name: LBMLS
Mls Provider:
Mls ID: #202412192
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.