Lily Plan, Burgamy ParkLubbockTX79416
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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 Lily Plan, Burgamy Park, Lubbock, TX, 79416 uses $83,190 cash to close to unlock $6,909/yr annual cash flow and $576/mo monthly cash flow. Total monthly income runs $2,360/mo, and a $1,228/mo payment keeps the spread at $576/mo. Purchase price stands at $250,950, and rental yield measures 11.29% with $2,360/mo rent. Return on cash invested shows 28.21% in year one, and 5% annual appreciation builds toward $69,333 over five years. Five-year ROI reaches 148.6% and total cumulative return in cash records $123,620. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,360/mo property income covering a $1,228/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A 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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