X30G - THE GRACE Plan, CanteraLubbockTX79416
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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
Total monthly income runs $2,608/mo, and a $1,395/mo payment keeps the spread at $581/mo. Purchase price stands at $284,990, and rental yield measures 10.98% with $2,608/mo rent. Return on cash invested shows 27.29% in year one, and 5% annual appreciation builds toward $78,737 over five years. Five-year ROI reaches 143.69% and total cumulative return in cash records $135,747. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,608/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A 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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