2330 E Ellis StLevellandTX79336
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 Levelland at 2330 E Ellis St, Levelland, TX, 79336 uses $50,057 cash to close to unlock $1,431/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $1,193/mo, and a $739/mo payment keeps the spread at $119/mo. Purchase price stands at $151,000, and rental yield measures 9.48% with $1,193/mo rent. Return on cash invested shows 22.77% in year one, and 5% annual appreciation builds toward $41,719 over five years. Five-year ROI reaches 119.47% and total cumulative return in cash records $59,804. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,193/mo property income covering a $739/mo payment rather than investor’s personal income.
Single Family
Built in 1977
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79336, Levelland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,131 (100%) |
| Owner Occupied HU | 4,343 (60.9%) |
| Renter Occupied HU | 1,773 (24.9%) |
| Vacant Housing Units | 1,015 (14.2%) |
| Median Home Value | $147,185 |
| Average Home Value | $220,218 |
Housing Distribution
Address Breakdown
Residential
6,490
Single Family
6,371
Multi-Family
119
Businesses
643
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Bridges • Keller Williams Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202560380
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.