2110 15th 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
Rental property for sale in Lubbock at 2110 15th St, Lubbock, TX, 79401 generates $2,128/mo in rent and, after a $1,322/mo payment, leaves $208/mo in cash flow. Total monthly income is $2,128/mo, and annual cash flow is $2,490/yr on $89,505 invested. Return on cash invested sits at 22.69% in year one, and rental yield is 9.46% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 118.99% and total cumulative return in cash sums $106,501. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,128/mo property income rather than buyer’s personal income.
Single Family
Built in 1931
7,840 sqft 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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