131 Lubbock LnHowardwickTX79226
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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 Howardwick at 131 Lubbock Ln, Howardwick, TX, 79226 offers $1,085/mo rent that, after a $734/mo payment, leaves $19/mo cash flow. Total monthly income is $1,085/mo, and annual cash flow is $222/yr on $49,725 cash. Return on cash invested measures 20.36% in year one, and rental yield stands at 8.68% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 106.49% and total cumulative return in cash reaches $52,950. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,085/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79226, Clarendon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,639 (100%) |
| Owner Occupied HU | 824 (50.3%) |
| Renter Occupied HU | 310 (18.9%) |
| Vacant Housing Units | 505 (30.8%) |
| Median Home Value | $108,989 |
| Average Home Value | $156,735 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
338
Multi-Family
224
Businesses
151
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Listed by: Mary Denman • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-1089
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.