2131 68th StLubbockTX79412
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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 2131 68th St, Lubbock, TX, 79412 earns $641/mo cash flow from $2,191/mo rent with a $1,067/mo payment. Total monthly income totals $2,191/mo, and annual cash flow totals $7,689/yr on $72,267 capital. ROI tracks 30.55% on current figures, and rental yield reads 12.06% at a $218,000 purchase. Equity gained on principal adds $1,407/yr, and 5% annual appreciation supports $60,229 over five years. Five-year ROI reaches 161.11% and total cumulative return in cash sums $116,431. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,191/mo property income instead of your personal income.
Single Family
Built in 1963
10,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79412, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,222 (100%) |
| Owner Occupied HU | 2,625 (42.2%) |
| Renter Occupied HU | 2,944 (47.3%) |
| Vacant Housing Units | 653 (10.5%) |
| Median Home Value | $113,395 |
| Average Home Value | $152,337 |
Housing Distribution
Address Breakdown
Residential
5,853
Single Family
5,388
Multi-Family
465
Businesses
326
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Listed by: Jim Harris • Keller Williams Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202410108
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.