Lubbock Named Top 10 For Rental Property Investment

Lubbock has been named as one of the top 10 markets for purchasing rental property.

The designation comes from CNN Money, which ranked Lubbock second for an estimated return on investment.

The author pointed out that homes in Lubbock sell for nearly half of the nationwide median price.

Heading up the list is Wichita Falls, Texas with an anticipated return on investment of 13.4 percent.

The group listed Lubbock’s ROI at 11.8 percent.

Others on the list include Oklahoma City, Oklahoma and Austin, Texas.

Their entire list is available here.