Zip Code 79404 — Lubbock, TX
🟢STRONG— excellent cash flow marketA
Excellent
Strong cash flow + low risk · Score: 84/100
Cap Rate
10.9%
Monthly Cash Flow
+$380
Median Home Price
$100,530
DSCR
1.71
Fair Market Rents
- Studio
- $660/mo
- 1 Bedroom
- $760/mo
- 2 Bedroom
- $920/mo
- 3 Bedroom
- $1,290/mo
- 4 Bedroom
- $1,510/mo
Investment Metrics
- Cap Rate
- 10.9%
- Cash-on-Cash Return
- 19.7%
- Price-to-Rent Ratio
- 6.5
- 1% Rule
- 1.28%
- Gross Rent Multiplier
- 6.5
- Vacancy Rate
- 8.0%
Assumptions Used
20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
Customize these numbers in the calculator →