2301 27th StLubbockTX79411
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 2301 27th St, Lubbock, TX, 79411 in Lubbock is the 1.57 coverage ratio: rent of $1,765/mo versus a $1,124/mo debt payment on a $250,000 property. Rental yield 8.47%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $69,070 by year five, with $2,303/yr in equity from paydown. Total projected cumulative return: $94,993.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.8% |
| Monthly Cash Flow | $(13) | $450 |
City averages based on Lubbock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,765 |
| Total Monthly Debt Service | $1,678 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1939
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
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
Single Family
Built in 1939
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