Everglades Plan, Escondido CrossingsLubbockTX79407
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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 Everglades Plan, Escondido Crossings, Lubbock, TX, 79407 offers $3,722/mo rent that, after a $1,324/mo payment, leaves $1,798/mo cash flow. Total monthly income is $3,722/mo, and annual cash flow is $21,581/yr on $89,671 cash. Return on cash invested measures 43.98% in year one, and rental yield stands at 16.51% at a $270,500 entry. Equity gained on principal adds $1,745/yr while 5% annual appreciation compounds into $74,734 by year five. Five-year ROI records 233.14% and total cumulative return in cash reaches $209,054. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,722/mo property income versus a $1,324/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79407, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,476 (100%) |
| Owner Occupied HU | 5,713 (42.4%) |
| Renter Occupied HU | 6,302 (46.8%) |
| Vacant Housing Units | 1,461 (10.8%) |
| Median Home Value | $221,609 |
| Average Home Value | $266,239 |
Housing Distribution
Address Breakdown
Residential
13,949
Single Family
9,684
Multi-Family
4,265
Businesses
637
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