Off-Market Property at 6608 36th St, Lubbock, TX, 79407
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6608 36th St, Lubbock, TX, 79407

$242,500

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $166 per day and long-term for an average of $1,615 per month, based on similar listings in the area. Estimated short-term cap rate of 2.7%. Estimated long-term cap rate of -1.7%. Come see this adorable 3/2/2 home in the much-desired Frenship ISD. As you enter this home, you will see beautiful vinyl plank flooring in the living room and kitchen, along with a fireplace, separate eating area, and a kitchen with lots of counter space. the master bedroom is a great size with a master bathroom that has a separate tub and shower. The other two bedrooms are a perfect size for children, guests, or even an office space. Step out onto the back porch to enjoy a nice space to relax. Bring your clients today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$336
Rental Policy
daily
Yearly Taxes
$4070
Bedrooms
3
Bathrooms
2
SQFT
1,618
Furnished
unknown
Year built
2006
Listing Status
Off Market
MLS
202408216

Short-term Rental Potential
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$30,156

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$149

Price/SQFT

Long-term Rental Potential
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$19,380

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,615/mo

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