406 N Zenith AveLubbockTX79403
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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 406 N Zenith Ave, Lubbock, TX, 79403 at $330,000 posts ROI 6.66% with from $1,139/mo rent. Total monthly income equals $1,139/mo. Return on cash invested measures 6.66% and rental yield reads 4.14% at the current $330,000. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 by year five. Five-year ROI prints 33.04% and total cumulative return in cash totals $36,143. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,139/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2023
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79403, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,498 (100%) |
| Owner Occupied HU | 4,117 (54.9%) |
| Renter Occupied HU | 2,411 (32.2%) |
| Vacant Housing Units | 970 (12.9%) |
| Median Home Value | $84,502 |
| Average Home Value | $161,874 |
Housing Distribution
Address Breakdown
Residential
6,443
Single Family
5,977
Multi-Family
466
Businesses
426
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