1726 22nd StLubbockTX79411
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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 1726 22nd St, Lubbock, TX, 79411 offers a 10.95% rental yield on a $109,000 purchase with $995/mo rent. Total monthly income registers $995/mo, and a $534/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,633/yr on $36,134 to close, and return on cash invested stands at 27.19% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,115 over five years. Portfolio math shows five-year ROI at 143.23% and total cumulative return in cash at $51,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $995/mo property income against a $534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1947
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79411, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,479 (100%) |
| Owner Occupied HU | 945 (27.2%) |
| Renter Occupied HU | 1,880 (54.0%) |
| Vacant Housing Units | 654 (18.8%) |
| Median Home Value | $137,262 |
| Average Home Value | $164,770 |
Housing Distribution
Address Breakdown
Residential
2,785
Single Family
2,762
Multi-Family
23
Businesses
230
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