3704 Avenue RLubbockTX79412
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 3704 Avenue R, Lubbock, TX, 79412 at $119,000 posts ROI 25.14% with $172/mo cash flow from $1,066/mo rent. Total monthly income equals $1,066/mo, and annual cash flow records $2,065/yr on $39,449 to close. Return on cash invested measures 25.14% and rental yield reads 10.75% at the current $119,000. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 by year five. Five-year ROI prints 132.76% and total cumulative return in cash totals $52,373.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,066/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79412, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,222 (100%) |
| Owner Occupied HU | 2,625 (42.2%) |
| Renter Occupied HU | 2,944 (47.3%) |
| Vacant Housing Units | 653 (10.5%) |
| Median Home Value | $113,395 |
| Average Home Value | $152,337 |
Housing Distribution
Address Breakdown
Residential
5,853
Single Family
5,388
Multi-Family
465
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charlotte Boyett Napper • Aycock Realty Group, LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202415371
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.