1820 E Harvard StLubbockTX79423
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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 1820 E Harvard St, Lubbock, TX, 79423 with 5% annual appreciation on a $186,000 basis while $1,407/mo rent supports operations. Total monthly income totals $1,407/mo and a $910/mo payment preserves $85/mo for cash returns. Annual cash flow comes to $1,016/yr on $61,659 deployed, and return on cash invested reaches 21.56% in year one. Equity gained on principal adds $1,200/yr, and five-year appreciation sums $51,388 alongside rental yield of 9.08%. Five-year ROI measures 112.91% and total cumulative return in cash totals $69,616.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,407/mo property income versus a $910/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79423, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,321 (100%) |
| Owner Occupied HU | 12,924 (63.6%) |
| Renter Occupied HU | 5,958 (29.3%) |
| Vacant Housing Units | 1,439 ( 7.1%) |
| Median Home Value | $281,816 |
| Average Home Value | $334,598 |
Housing Distribution
Address Breakdown
Residential
20,552
Single Family
19,043
Multi-Family
1,509
Businesses
1,411
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