1 Lookout CtLongviewTX75605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Longview at 1 Lookout Ct, Longview, TX, 75605 at $230,000 posts ROI 29.28% with $595/mo cash flow from $2,231/mo rent. Total monthly income equals $2,231/mo, and annual cash flow records $7,142/yr on $76,245 to close. Return on cash invested measures 29.28% and rental yield reads 11.64% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 154.34% and total cumulative return in cash totals $117,679.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,231/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75605, Longview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,860 (100%) |
| Owner Occupied HU | 8,596 (54.2%) |
| Renter Occupied HU | 6,054 (38.2%) |
| Vacant Housing Units | 1,210 ( 7.6%) |
| Median Home Value | $270,913 |
| Average Home Value | $339,504 |
Housing Distribution
Address Breakdown
Residential
15,699
Single Family
11,406
Multi-Family
4,293
Businesses
1,141
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