6530 91st PlLubbockTX79424
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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 6530 91st Pl, Lubbock, TX, 79424 uses $65,306 cash to close to unlock $5,668/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $1,873/mo, and a $964/mo payment keeps the spread at $472/mo. Purchase price stands at $197,000, and rental yield measures 11.41% with $1,873/mo rent. Return on cash invested shows 28.59% in year one, and 5% annual appreciation builds toward $54,427 over five years. Five-year ROI reaches 150.64% and total cumulative return in cash records $98,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,873/mo property income covering a $964/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5,662 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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