1008 Riverwood DrLongviewTX75604
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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 Longview at 1008 Riverwood Dr, Longview, TX, 75604 with 5% annual appreciation on a $499,900 basis while $5,550/mo rent supports operations. Total monthly income totals $5,550/mo and a $2,447/mo payment preserves $1,965/mo for cash returns. Annual cash flow comes to $23,580/yr on $165,717 deployed, and return on cash invested reaches 34.14% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,113 alongside rental yield of 13.32%. Five-year ROI measures 180.42% and total cumulative return in cash totals $298,980.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,550/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.26 Acres lot
$N/A/sqft
$359 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75604, Longview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,204 (100%) |
| Owner Occupied HU | 7,220 (54.7%) |
| Renter Occupied HU | 5,051 (38.3%) |
| Vacant Housing Units | 933 ( 7.1%) |
| Median Home Value | $219,899 |
| Average Home Value | $227,501 |
Housing Distribution
Address Breakdown
Residential
12,674
Single Family
11,078
Multi-Family
1,596
Businesses
1,254
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Listed by: Daisy Betancourt • Shilling Real Estate Company
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24009758
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.