606 E 13th StWolfforthTX79382
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 Wolfforth at 606 E 13th St, Wolfforth, TX, 79382 at $289,950 posts ROI 37.34% with $1,396/mo cash flow from $3,458/mo rent. Total monthly income equals $3,458/mo, and annual cash flow records $16,755/yr on $96,118 to close. Return on cash invested measures 37.34% and rental yield reads 14.31% at the current $289,950. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,108 by year five. Five-year ROI prints 197.56% and total cumulative return in cash totals $189,889.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,458/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79382, Wolfforth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,995 (100%) |
| Owner Occupied HU | 2,939 (73.6%) |
| Renter Occupied HU | 757 (18.9%) |
| Vacant Housing Units | 299 ( 7.5%) |
| Median Home Value | $271,023 |
| Average Home Value | $349,056 |
Housing Distribution
Address Breakdown
Residential
4,135
Single Family
3,944
Multi-Family
191
Businesses
396
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Listed by: Stephen Bearden • Lubbock Discount Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202412057
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.