2503 30th StLubbockTX79410
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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 2503 30th St, Lubbock, TX, 79410 uses $70,941 cash to close to unlock $3,248/yr annual cash flow and $271/mo monthly cash flow. Total monthly income runs $1,792/mo, and a $1,047/mo payment keeps the spread at $271/mo. Purchase price stands at $214,000, and rental yield measures 10.05% with $1,792/mo rent. Return on cash invested shows 24.49% in year one, and 5% annual appreciation builds toward $59,124 over five years. Five-year ROI reaches 128.62% and total cumulative return in cash records $91,247. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,792/mo property income covering a $1,047/mo payment rather than investor’s personal income.
Single Family
Built in 1943
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79410, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,270 (100%) |
| Owner Occupied HU | 1,453 (34.0%) |
| Renter Occupied HU | 2,184 (51.1%) |
| Vacant Housing Units | 633 (14.8%) |
| Median Home Value | $256,928 |
| Average Home Value | $293,500 |
Housing Distribution
Address Breakdown
Residential
3,947
Single Family
3,791
Multi-Family
156
Businesses
606
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