5409 36th StLubbockTX79407
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
Investment property for sale in Lubbock at 5409 36th St, Lubbock, TX, 79407 uses $66,267 cash to close to unlock $4,235/yr annual cash flow and $353/mo monthly cash flow. Total monthly income runs $1,774/mo, and a $978/mo payment keeps the spread at $353/mo. Purchase price stands at $199,900, and rental yield measures 10.65% with $1,774/mo rent. Return on cash invested shows 26.3% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 138.31% and total cumulative return in cash records $91,657. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,774/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79407, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,476 (100%) |
| Owner Occupied HU | 5,713 (42.4%) |
| Renter Occupied HU | 6,302 (46.8%) |
| Vacant Housing Units | 1,461 (10.8%) |
| Median Home Value | $221,609 |
| Average Home Value | $266,239 |
Housing Distribution
Address Breakdown
Residential
13,949
Single Family
9,684
Multi-Family
4,265
Businesses
637
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Brouillette • Aycock Realty Group, LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202557036
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.