1918 17th StLubbockTX79401
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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 1918 17th St, Lubbock, TX, 79401 offers a 11.56% rental yield on a $162,103 purchase with $1,561/mo rent. Total monthly income registers $1,561/mo, and a $793/mo payment leaves $388/mo available for distribution. Annual cash flow reaches $4,651/yr on $53,737 to close, and return on cash invested stands at 28.56% in year one. Equity gained on principal adds $1,046/yr while 5% annual appreciation supports $44,786 over five years. Portfolio math shows five-year ROI at 150.67% and total cumulative return in cash at $80,966. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,561/mo property income against a $793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79401, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,519 (100%) |
| Owner Occupied HU | 395 ( 8.7%) |
| Renter Occupied HU | 3,286 (72.7%) |
| Vacant Housing Units | 838 (18.5%) |
| Median Home Value | $155,000 |
| Average Home Value | $238,885 |
Housing Distribution
Address Breakdown
Residential
2,394
Single Family
1,605
Multi-Family
789
Businesses
854
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