5216 71st StLubbockTX79424
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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 5216 71st St, Lubbock, TX, 79424 generates $2,194/mo in rent and, after a $1,076/mo payment, leaves $631/mo in cash flow. Total monthly income is $2,194/mo, and annual cash flow is $7,567/yr on $72,897 invested. Return on cash invested sits at 30.29% in year one, and rental yield is 11.97% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 159.75% and total cumulative return in cash sums $116,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,194/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
7,840 sqft lot
$N/A/sqft
No 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
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Listed by: Jeremias Torres • Lubbock Discount Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202555750
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.