2124 Edgewood StLubbockTX79415
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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 2124 Edgewood St, Lubbock, TX, 79415 listed at $227,999 pairs $1,140/mo rent with a $1,116/mo payment. Total monthly income runs $1,140/mo. Return on cash invested measures 12.27% in year one, and rental yield registers 6% at a $227,999 basis. Equity gained on principal adds $1,471/yr, and annual property appreciation at 5% supports $62,992 by year five. Five-year ROI tracks 63.08% and total cumulative return in cash totals $47,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,140/mo property income relative to a $1,116/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79415, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,356 (100%) |
| Owner Occupied HU | 2,928 (35.0%) |
| Renter Occupied HU | 4,417 (52.9%) |
| Vacant Housing Units | 1,011 (12.1%) |
| Median Home Value | $103,977 |
| Average Home Value | $252,752 |
Housing Distribution
Address Breakdown
Residential
6,145
Single Family
4,314
Multi-Family
1,831
Businesses
424
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