11400 Chicago Ave #J7C2CZLubbockTX79424
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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
Investment property for sale in Lubbock at 11400 Chicago Ave #J7C2CZ, Lubbock, TX, 79424 listed at $299,600 pairs $2,270/mo rent with a $1,466/mo payment to leave $140/mo cash flow. Total monthly income runs $2,270/mo, and annual cash flow reaches $1,679/yr on $99,317 cash to close. Return on cash invested measures 21.6% in year one, and rental yield registers 9.09% at a $299,600 basis. Equity gained on principal adds $1,933/yr, and annual property appreciation at 5% supports $82,774 by year five. Five-year ROI tracks 113.11% and total cumulative return in cash totals $112,338. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,270/mo property income relative to a $1,466/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79424, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,278 (100%) |
| Owner Occupied HU | 16,106 (66.3%) |
| Renter Occupied HU | 6,693 (27.6%) |
| Vacant Housing Units | 1,479 ( 6.1%) |
| Median Home Value | $289,463 |
| Average Home Value | $348,962 |
Housing Distribution
Address Breakdown
Residential
24,084
Single Family
19,900
Multi-Family
4,184
Businesses
1,756
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