2113 20th St #A & BLubbockTX79411
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2113 20th St #A & B, Lubbock, TX, 79411 offers a 5.41% rental yield on a $399,000 purchase with $1,800/mo rent. 5% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 53.59% and total cumulative return in cash at $70,886. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2023
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices