3619 30th StLubbockTX79410
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 3619 30th St, Lubbock, TX, 79410 earns $266/mo cash flow from $1,414/mo rent with a $790/mo payment. Total monthly income totals $1,414/mo, and annual cash flow totals $3,192/yr on $53,537 capital. ROI tracks 25.87% on current figures, and rental yield reads 10.51% at a $161,500 purchase. Equity gained on principal adds $1,042/yr, and 5% annual appreciation supports $44,619 over five years. Five-year ROI reaches 136.13% and total cumulative return in cash sums $72,880. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,414/mo property income instead of your personal income.
Single Family
Built in 1951
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79410, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,270 (100%) |
| Owner Occupied HU | 1,453 (34.0%) |
| Renter Occupied HU | 2,184 (51.1%) |
| Vacant Housing Units | 633 (14.8%) |
| Median Home Value | $256,928 |
| Average Home Value | $293,500 |
Housing Distribution
Address Breakdown
Residential
3,947
Single Family
3,791
Multi-Family
156
Businesses
606
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Benjamin Hargrove • eXp Realty LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202558778
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.