69 Pony Express TrlLubbockTX79404
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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
Rental property for sale in Lubbock at 69 Pony Express Trl, Lubbock, TX, 79404 priced at $300,000 pairs $2,182/mo rent with $49/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,182/mo, and annual cash flow comes to $588/yr on $99,450 invested. Return on cash invested is 20.5% in year one, and rental yield stands at 8.73% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 107.2% and total cumulative return in cash reaches $106,608. For financing, Ziffy Mortgage’s DSCR program evaluates $2,182/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
5,662 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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