409 Juneau AveLubbockTX79416
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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
Rental property for sale in Lubbock at 409 Juneau Ave, Lubbock, TX, 79416 priced at $201,500 pairs $1,924/mo rent with $453/mo cash flow after a $986/mo payment. Total monthly income equals $1,924/mo, and annual cash flow comes to $5,437/yr on $66,797 invested. Return on cash invested is 28.05% in year one, and rental yield stands at 11.46% on a $201,500 basis. Equity gained on principal adds $1,300/yr, and 5% annual appreciation accumulates to $55,671 by year five. Five-year ROI measures 148.01% and total cumulative return in cash reaches $98,867. For financing, Ziffy Mortgage’s DSCR program evaluates $1,924/mo property income against a $986/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79416, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,723 (100%) |
| Owner Occupied HU | 7,315 (43.7%) |
| Renter Occupied HU | 7,918 (47.3%) |
| Vacant Housing Units | 1,490 ( 8.9%) |
| Median Home Value | $228,755 |
| Average Home Value | $270,415 |
Housing Distribution
Address Breakdown
Residential
15,375
Single Family
13,053
Multi-Family
2,322
Businesses
396
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Listed by: Nairobys Montano • eXp Realty LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202551544
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.