2332 149th StLubbockTX79423
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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 2332 149th St, Lubbock, TX, 79423 offers a 10.25% rental yield on a $266,990 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $1,307/mo payment leaves $356/mo available for distribution. Annual cash flow reaches $4,274/yr on $88,507 to close, and return on cash invested stands at 24.74% in year one. Equity gained on principal adds $1,723/yr while 5% annual appreciation supports $73,764 over five years. Portfolio math shows five-year ROI at 130.11% and total cumulative return in cash at $115,156. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $1,307/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79423, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,321 (100%) |
| Owner Occupied HU | 12,924 (63.6%) |
| Renter Occupied HU | 5,958 (29.3%) |
| Vacant Housing Units | 1,439 ( 7.1%) |
| Median Home Value | $281,816 |
| Average Home Value | $334,598 |
Housing Distribution
Address Breakdown
Residential
20,552
Single Family
19,043
Multi-Family
1,509
Businesses
1,411
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Listed by: Jason Riebe • WTX Realty, LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202555579
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.