3015 55th StLubbockTX79413
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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 3015 55th St, Lubbock, TX, 79413 offers a 11.07% rental yield on a $155,500 purchase with $1,434/mo rent. Total monthly income registers $1,434/mo, and a $761/mo payment leaves $328/mo available for distribution. Annual cash flow reaches $3,940/yr on $51,548 to close, and return on cash invested stands at 27.55% in year one. Equity gained on principal adds $1,003/yr while 5% annual appreciation supports $42,962 over five years. Portfolio math shows five-year ROI at 145.11% and total cumulative return in cash at $74,801. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,434/mo property income against a $761/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79413, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,338 (100%) |
| Owner Occupied HU | 4,852 (52.0%) |
| Renter Occupied HU | 3,610 (38.7%) |
| Vacant Housing Units | 876 ( 9.4%) |
| Median Home Value | $227,136 |
| Average Home Value | $307,053 |
Housing Distribution
Address Breakdown
Residential
8,804
Single Family
8,130
Multi-Family
674
Businesses
459
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