7201 94th StLubbockTX79424
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 7201 94th St, Lubbock, TX, 79424 listed at $268,000 pairs $2,147/mo rent with a $1,312/mo payment to leave $241/mo cash flow. Total monthly income runs $2,147/mo, and annual cash flow reaches $2,891/yr on $88,842 cash to close. Return on cash invested measures 23.16% in year one, and rental yield registers 9.61% at a $268,000 basis. Equity gained on principal adds $1,729/yr, and annual property appreciation at 5% supports $74,043 by year five. Five-year ROI tracks 121.49% and total cumulative return in cash totals $107,937. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,147/mo property income relative to a $1,312/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices