5010 91st St UNIT 1LubbockTX79424
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
Total monthly income runs $2,040/mo, and a $3,646/mo payment. Purchase price stands at $744,999, and rental yield measures 3.29% with $2,040/mo rent. Return on cash invested shows 3.62% in year one, and 5% annual appreciation builds toward $205,829 over five years. Five-year ROI reaches 16.87% and total cumulative return in cash records $41,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $3,646/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.26 Acres lot
$N/A/sqft
$1,200 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Renee Burgett • Exit Realty of Lubbock
Mls Name: LBMLS
Mls Provider:
Mls ID: #202407349
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.