513 49th StLubbockTX79404
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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 513 49th St, Lubbock, TX, 79404 earns $502/mo cash flow from $1,321/mo rent with a $564/mo payment. Total monthly income totals $1,321/mo, and annual cash flow totals $6,018/yr on $38,205 capital. ROI tracks 35.66% on current figures, and rental yield reads 13.75% at a $115,250 purchase. Equity gained on principal adds $744/yr, and 5% annual appreciation supports $31,841 over five years. Five-year ROI reaches 188.59% and total cumulative return in cash sums $72,052. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,321/mo property income instead of your personal income.
Multi Family
Built in 2017
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79404, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,179 (100%) |
| Owner Occupied HU | 2,063 (49.4%) |
| Renter Occupied HU | 1,486 (35.6%) |
| Vacant Housing Units | 630 (15.1%) |
| Median Home Value | $85,163 |
| Average Home Value | $152,648 |
Housing Distribution
Address Breakdown
Residential
3,719
Single Family
3,572
Multi-Family
147
Businesses
723
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Listed by: Charles Camp • Exit Realty of Lubbock
Mls Name: LBMLS
Mls Provider:
Mls ID: #202559610
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.