3114 Baylor 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 3114 Baylor St, Lubbock, TX, 79415 listed at $130,000 pairs $997/mo rent with a $636/mo payment to leave $73/mo cash flow. Total monthly income runs $997/mo, and annual cash flow reaches $874/yr on $43,095 cash to close. Return on cash invested measures 21.94% in year one, and rental yield registers 9.2% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 114.92% and total cumulative return in cash totals $49,527. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $997/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1943
6,534 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: Mark McMillan • NextHome CORE Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202558335
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.