1101 Towne Lake DrLongviewTX75601
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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 1101 Towne Lake Dr, Longview, TX, 75601 with 5% annual appreciation on a $199,000 basis while $2,156/mo rent supports operations. Total monthly income totals $2,156/mo and a $974/mo payment preserves $631/mo for cash returns. Annual cash flow comes to $7,571/yr on $65,969 deployed, and return on cash invested reaches 31.39% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 13%. Five-year ROI measures 166.31% and total cumulative return in cash totals $109,710.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,156/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1976
3,484 sqft lot
$N/A/sqft
$1,320 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75601, Longview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,037 (100%) |
| Owner Occupied HU | 3,571 (50.7%) |
| Renter Occupied HU | 2,759 (39.2%) |
| Vacant Housing Units | 707 (10.0%) |
| Median Home Value | $202,941 |
| Average Home Value | $222,911 |
Housing Distribution
Address Breakdown
Residential
6,864
Single Family
5,655
Multi-Family
1,209
Businesses
1,158
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