The Marilyn Plan, Eastwick at Kelsey ParkLubbockTX79423
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
Investment property for sale in Lubbock at The Marilyn Plan, Eastwick at Kelsey Park, Lubbock, TX, 79423 with 5% annual appreciation on a $594,300 basis while $6,481/mo rent supports operations. Total monthly income totals $6,481/mo and a $2,909/mo payment preserves $2,225/mo for cash returns. Annual cash flow comes to $26,696/yr on $195,525 deployed, and return on cash invested reaches 33.71% in year one. Equity gained on principal adds $3,835/yr, and five-year appreciation sums $164,194 alongside rental yield of 13.09%. Five-year ROI measures 178.13% and total cumulative return in cash totals $348,286.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,481/mo property income versus a $2,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$30 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79423, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,321 (100%) |
| Owner Occupied HU | 12,924 (63.6%) |
| Renter Occupied HU | 5,958 (29.3%) |
| Vacant Housing Units | 1,439 ( 7.1%) |
| Median Home Value | $281,816 |
| Average Home Value | $334,598 |
Housing Distribution
Address Breakdown
Residential
20,552
Single Family
19,043
Multi-Family
1,509
Businesses
1,411
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices