7014 17th StLubbockTX79416
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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 7014 17th St, Lubbock, TX, 79416 earns $408/mo cash flow from $3,430/mo rent with a $2,080/mo payment. Total monthly income totals $3,430/mo, and annual cash flow totals $4,895/yr on $140,888 capital. ROI tracks 23.38% on current figures, and rental yield reads 9.68% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 122.67% and total cumulative return in cash sums $172,829. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,430/mo property income instead of your personal income.
Single Family
Built in 2022
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79416, Lubbock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,723 (100%) |
| Owner Occupied HU | 7,315 (43.7%) |
| Renter Occupied HU | 7,918 (47.3%) |
| Vacant Housing Units | 1,490 ( 8.9%) |
| Median Home Value | $228,755 |
| Average Home Value | $270,415 |
Housing Distribution
Address Breakdown
Residential
15,375
Single Family
13,053
Multi-Family
2,322
Businesses
396
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Listed by: Christy Jolly • Exit Realty of Lubbock
Mls Name: LBMLS
Mls Provider:
Mls ID: #202553073
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.