1500 Lubbock StSweetwaterTX79556
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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 Sweetwater at 1500 Lubbock St, Sweetwater, TX, 79556 generates $952/mo in rent, after a $1,478/mo payment. Total monthly income is $952/mo. Return on cash invested sits at 5.58% in year one, and rental yield is 3.78% on a $302,000 entry. Equity gained on principal adds $1,949/yr, while 5% annual appreciation builds toward $83,437 over five years. Five-year ROI reaches 27.21% and total cumulative return in cash sums $27,244. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $952/mo property income rather than buyer’s personal income.
Multi Family
Built in 1946
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79556, Sweetwater, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,129 (100%) |
| Owner Occupied HU | 3,203 (52.3%) |
| Renter Occupied HU | 1,771 (28.9%) |
| Vacant Housing Units | 1,155 (18.8%) |
| Median Home Value | $115,486 |
| Average Home Value | $163,313 |
Housing Distribution
Address Breakdown
Residential
5,145
Single Family
4,830
Multi-Family
315
Businesses
639
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Listed by: Wesley Gill • Hunter Ranch and Realty
Mls Name: Nolan County BOR
Mls ID: #5041
Disclaimer: Copyright Nolan County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.