1126 E 15th StLittlefieldTX79339
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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 Littlefield at 1126 E 15th St, Littlefield, TX, 79339 generates $1,140/mo in rent and, after a $678/mo payment, leaves $155/mo in cash flow. Total monthly income is $1,140/mo, and annual cash flow is $1,860/yr on $45,913 invested. Return on cash invested sits at 23.96% in year one, and rental yield is 9.88% on a $138,500 entry. Equity gained on principal adds $894/yr, while 5% annual appreciation builds toward $38,265 over five years. Five-year ROI reaches 125.76% and total cumulative return in cash sums $57,739. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79339, Littlefield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,182 (100%) |
| Owner Occupied HU | 1,844 (58.0%) |
| Renter Occupied HU | 731 (23.0%) |
| Vacant Housing Units | 607 (19.1%) |
| Median Home Value | $86,753 |
| Average Home Value | $123,990 |
Housing Distribution
Address Breakdown
Residential
2,555
Single Family
2,555
Multi-Family
0
Businesses
263
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Listed by: Teresa Hector • Exit Realty of Lubbock
Mls Name: LBMLS
Mls Provider:
Mls ID: #202414794
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.