4309 137th StLubbockTX79423
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 4309 137th St, Lubbock, TX, 79423 listed at $449,500 pairs $4,996/mo rent with a $2,200/mo payment to leave $1,559/mo cash flow. Total monthly income runs $4,996/mo, and annual cash flow reaches $18,709/yr on $149,009 cash to close. Return on cash invested measures 32.46% in year one, and rental yield registers 13.34% at a $449,500 basis. Equity gained on principal adds $2,901/yr, and annual property appreciation at 5% supports $124,189 by year five. Five-year ROI tracks 172.11% and total cumulative return in cash totals $256,457. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,996/mo property income relative to a $2,200/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
9,853 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79423, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,321 (100%) |
| Owner Occupied HU | 12,924 (63.6%) |
| Renter Occupied HU | 5,958 (29.3%) |
| Vacant Housing Units | 1,439 ( 7.1%) |
| Median Home Value | $281,816 |
| Average Home Value | $334,598 |
Housing Distribution
Address Breakdown
Residential
20,552
Single Family
19,043
Multi-Family
1,509
Businesses
1,411
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Doug Duncan • Keller Williams Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202410320
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.