4615 46th StLubbockTX79414
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 4615 46th St, Lubbock, TX, 79414 uses $46,393 cash to close to unlock $4,173/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $1,343/mo, and a $685/mo payment keeps the spread at $348/mo. Purchase price stands at $139,950, and rental yield measures 11.52% with $1,343/mo rent. Return on cash invested shows 28.9% in year one, and 5% annual appreciation builds toward $38,666 over five years. Five-year ROI reaches 152.31% and total cumulative return in cash records $70,663. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,343/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1966
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79414, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,694 (100%) |
| Owner Occupied HU | 2,652 (30.5%) |
| Renter Occupied HU | 5,100 (58.7%) |
| Vacant Housing Units | 942 (10.8%) |
| Median Home Value | $155,461 |
| Average Home Value | $177,521 |
Housing Distribution
Address Breakdown
Residential
8,295
Single Family
5,172
Multi-Family
3,123
Businesses
603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices