4816 40th StLubbockTX79414
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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 4816 40th St, Lubbock, TX, 79414 generates $950/mo in rent, after a $680/mo payment. Total monthly income is $950/mo. Return on cash invested sits at 18.92% in year one, and rental yield is 8.2% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 98.72% and total cumulative return in cash sums $45,488. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $950/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
6,534 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
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Listed by: Kim Burrous • Coldwell Banker Trusted Adviso
Mls Name: LBMLS
Mls Provider:
Mls ID: #202551727
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.