122 E 23rd StLittlefieldTX79339
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Littlefield at 122 E 23rd St, Littlefield, TX, 79339 earns $501/mo cash flow from $1,958/mo rent with a $1,003/mo payment. Total monthly income totals $1,958/mo, and annual cash flow totals $6,007/yr on $67,958 capital. ROI tracks 28.75% on current figures, and rental yield reads 11.46% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 151.48% and total cumulative return in cash sums $102,942. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,958/mo property income instead of your personal income.
Single Family
Built in 1964
10,454 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kambra Heffington • Clift Land Brokers Littlefield
Mls Name: LBMLS
Mls ID: #202558022