5609 Avenue BLubbockTX79404
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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 5609 Avenue B, Lubbock, TX, 79404 listed at $101,000 pairs $806/mo rent with a $494/mo payment to leave $88/mo cash flow. Total monthly income runs $806/mo, and annual cash flow reaches $1,057/yr on $33,482 cash to close. Return on cash invested measures 23.07% in year one, and rental yield registers 9.58% at a $101,000 basis. Equity gained on principal adds $652/yr, and annual property appreciation at 5% supports $27,904 by year five. Five-year ROI tracks 121.12% and total cumulative return in cash totals $40,554. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $806/mo property income relative to a $494/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
8,276 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: Nathan Bruegel • Wise Cardinal Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202556853
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.