2711 Trenton AveLubbockTX79407
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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
Rental property for sale in Lubbock at 2711 Trenton Ave, Lubbock, TX, 79407 priced at $240,000 converts $3,394/mo rent into $1,687/mo cash flow after a $1,175/mo obligation. Total monthly income equals $3,394/mo, and annual cash flow totals $20,244/yr on $79,560 invested. Return on cash invested prints 45.35% in year one, and rental yield reads 16.97% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 240.5% and total cumulative return in cash sums $191,342. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,394/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,702 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79407, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,476 (100%) |
| Owner Occupied HU | 5,713 (42.4%) |
| Renter Occupied HU | 6,302 (46.8%) |
| Vacant Housing Units | 1,461 (10.8%) |
| Median Home Value | $221,609 |
| Average Home Value | $266,239 |
Housing Distribution
Address Breakdown
Residential
13,949
Single Family
9,684
Multi-Family
4,265
Businesses
637
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Listed by: Hillary Martin • Southern Magnolia Real Estate
Mls Name: LBMLS
Mls Provider:
Mls ID: #202410632
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.