5524 112th 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
Investment property for sale in Lubbock at 5524 112th St, Lubbock, TX, 79424 offers a 14.57% rental yield on a $269,900 purchase with $3,276/mo rent. Total monthly income registers $3,276/mo, and a $1,321/mo payment leaves $1,258/mo available for distribution. Annual cash flow reaches $15,101/yr on $89,472 to close, and return on cash invested stands at 36.79% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 195.06% and total cumulative return in cash at $174,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,276/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
5,601 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: Chris Brooks • Exit Realty of Lubbock
Mls Name: LBMLS
Mls Provider:
Mls ID: #202410065
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.