8706 10th PlLubbockTX79416
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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 8706 10th Pl, Lubbock, TX, 79416 earns $596/mo cash flow from $2,303/mo rent with a $1,175/mo payment. Total monthly income totals $2,303/mo, and annual cash flow totals $7,152/yr on $79,560 capital. ROI tracks 28.9% on current figures, and rental yield reads 11.52% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 152.25% and total cumulative return in cash sums $121,130. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,303/mo property income instead of your personal income.
Single Family
Built in 2006
5,662 sqft lot
$N/A/sqft
No 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
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