6015 Oxford AveLubbockTX79410
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 6015 Oxford Ave, Lubbock, TX, 79410 uses $74,588 cash to close to unlock $1,683/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $1,740/mo, and a $1,101/mo payment keeps the spread at $140/mo. Purchase price stands at $225,000, and rental yield measures 9.28% with $1,740/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 116.2% and total cumulative return in cash records $86,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,740/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1965
8,502 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79410, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,270 (100%) |
| Owner Occupied HU | 1,453 (34.0%) |
| Renter Occupied HU | 2,184 (51.1%) |
| Vacant Housing Units | 633 (14.8%) |
| Median Home Value | $256,928 |
| Average Home Value | $293,500 |
Housing Distribution
Address Breakdown
Residential
3,947
Single Family
3,791
Multi-Family
156
Businesses
606
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices