2523 110th 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 2523 110th St, Lubbock, TX, 79423 uses $52,377 cash to close to unlock $1,005/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $1,207/mo, and a $773/mo payment keeps the spread at $84/mo. Purchase price stands at $158,000, and rental yield measures 9.17% with $1,207/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 114.34% and total cumulative return in cash records $59,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,207/mo property income covering a $773/mo payment rather than investor’s personal income.
Single Family
Built in 2000
4,351 sqft lot
$N/A/sqft
No 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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