9012 County Road 2700LubbockTX79403
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
Rental property for sale in Lubbock at 9012 County Road 2700, Lubbock, TX, 79403 generates $5,873/mo in rent and, after a $1,933/mo payment, leaves $3,065/mo in cash flow. Total monthly income is $5,873/mo, and annual cash flow is $36,776/yr on $130,909 invested. Return on cash invested sits at 48% in year one, and rental yield is 17.85% on a $394,900 entry. Equity gained on principal adds $2,548/yr, while 5% annual appreciation builds toward $109,104 over five years. Five-year ROI reaches 254.7% and total cumulative return in cash sums $333,431. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,873/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
10.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79403, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,498 (100%) |
| Owner Occupied HU | 4,117 (54.9%) |
| Renter Occupied HU | 2,411 (32.2%) |
| Vacant Housing Units | 970 (12.9%) |
| Median Home Value | $84,502 |
| Average Home Value | $161,874 |
Housing Distribution
Address Breakdown
Residential
6,443
Single Family
5,977
Multi-Family
466
Businesses
426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dane Hensley • Panhandle Realty Group
Mls Name: LBMLS
Mls Provider:
Mls ID: #202410854
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.