8411 10th PlLubbockTX79416
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 8411 10th Pl, Lubbock, TX, 79416 listed at $211,000 pairs $2,176/mo rent with a $1,033/mo payment to leave $673/mo cash flow. Total monthly income runs $2,176/mo, and annual cash flow reaches $8,073/yr on $69,947 cash to close. Return on cash invested measures 31.45% in year one, and rental yield registers 12.38% at a $211,000 basis. Equity gained on principal adds $1,362/yr, and annual property appreciation at 5% supports $58,295 by year five. Five-year ROI tracks 165.97% and total cumulative return in cash totals $116,093. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,176/mo property income relative to a $1,033/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
6,451 sqft lot
$N/A/sqft
$30 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79416, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,723 (100%) |
| Owner Occupied HU | 7,315 (43.7%) |
| Renter Occupied HU | 7,918 (47.3%) |
| Vacant Housing Units | 1,490 ( 8.9%) |
| Median Home Value | $228,755 |
| Average Home Value | $270,415 |
Housing Distribution
Address Breakdown
Residential
15,375
Single Family
13,053
Multi-Family
2,322
Businesses
396
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Max Hector • Exit Realty of Lubbock
Mls Name: LBMLS
Mls Provider:
Mls ID: #202413066
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.