519 N Flint AveLubbockTX79415
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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 519 N Flint Ave, Lubbock, TX, 79415 offers $1,074/mo rent that, after a $950/mo payment. Total monthly income is $1,074/mo. Return on cash invested measures 14.2% in year one, and rental yield stands at 6.64% at a $194,000 entry. Equity gained on principal adds $1,252/yr while 5% annual appreciation compounds into $53,599 by year five. Five-year ROI records 73.42% and total cumulative return in cash reaches $47,216. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,074/mo property income versus a $950/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79415, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,356 (100%) |
| Owner Occupied HU | 2,928 (35.0%) |
| Renter Occupied HU | 4,417 (52.9%) |
| Vacant Housing Units | 1,011 (12.1%) |
| Median Home Value | $103,977 |
| Average Home Value | $252,752 |
Housing Distribution
Address Breakdown
Residential
6,145
Single Family
4,314
Multi-Family
1,831
Businesses
424
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Listed by: Jessica Albares • Jessica Albares Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202554984
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.