3306 Emory StLubbockTX79415
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Lubbock rental at 3306 Emory St, Lubbock, TX, 79415 sits in the solid-income band: 11.64% gross yield, $1,018/mo rent, $272/mo net after the $472/mo debt service, DSCR 2.16. Entry price of $104,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $28,982 and $966/yr in principal reduction bring total cumulative return to $57,726.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.8% |
| Monthly Cash Flow | $272 | $450 |
City averages based on Lubbock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,018 |
| Total Monthly Debt Service | $704 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1947
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1947
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Doug Duncan • Real Broker, LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202556548
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.