Marie Plan, Burgamy ParkLubbockTX79416
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 Marie Plan, Burgamy Park, Lubbock, TX, 79416 priced at $265,950 pairs $2,370/mo rent with $478/mo cash flow after a $1,302/mo payment. Total monthly income equals $2,370/mo, and annual cash flow comes to $5,742/yr on $88,162 invested. Return on cash invested is 26.42% in year one, and rental yield stands at 10.69% on a $265,950 basis. Equity gained on principal adds $1,716/yr, and 5% annual appreciation accumulates to $73,477 by year five. Five-year ROI measures 139.01% and total cumulative return in cash reaches $122,558. For financing, Ziffy Mortgage’s DSCR program evaluates $2,370/mo property income against a $1,302/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices