3413 Pontiac AveLubbockTX79407
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
Investment Highlights
Investment property for sale in Lubbock at 3413 Pontiac Ave, Lubbock, TX, 79407 at $199,000 posts ROI 22.67% with $152/mo cash flow from $1,567/mo rent. Total monthly income equals $1,567/mo, and annual cash flow records $1,823/yr on $65,969 to close. Return on cash invested measures 22.67% and rental yield reads 9.45% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 118.87% and total cumulative return in cash totals $78,414.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,567/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
6,534 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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