4509 76th StLubbockTX79424
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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 4509 76th St, Lubbock, TX, 79424 listed at $369,900 pairs $3,173/mo rent with a $1,810/mo payment to leave $543/mo cash flow. Total monthly income runs $3,173/mo, and annual cash flow reaches $6,517/yr on $122,622 cash to close. Return on cash invested measures 25.22% in year one, and rental yield registers 10.29% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 132.58% and total cumulative return in cash totals $162,574. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,173/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79424, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,278 (100%) |
| Owner Occupied HU | 16,106 (66.3%) |
| Renter Occupied HU | 6,693 (27.6%) |
| Vacant Housing Units | 1,479 ( 6.1%) |
| Median Home Value | $289,463 |
| Average Home Value | $348,962 |
Housing Distribution
Address Breakdown
Residential
24,084
Single Family
19,900
Multi-Family
4,184
Businesses
1,756
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Listed by: Doug Duncan • Real Broker, LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202556399
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.