1103 Long StGladewaterTX75647
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
Rental property for sale in Gladewater at 1103 Long St, Gladewater, TX, 75647 priced at $129,000 converts $956/mo rent into $39/mo cash flow after a $631/mo obligation. Total monthly income equals $956/mo, and annual cash flow totals $469/yr on $42,764 invested. Return on cash invested prints 21% in year one, and rental yield reads 8.89% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 110.03% and total cumulative return in cash sums $47,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $956/mo property income covering a $631/mo payment, not borrower’s personal income.
Manufactured
Built in 1975
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75647, Gladewater, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,939 (100%) |
| Owner Occupied HU | 3,749 (63.1%) |
| Renter Occupied HU | 1,511 (25.4%) |
| Vacant Housing Units | 679 (11.4%) |
| Median Home Value | $194,099 |
| Average Home Value | $248,846 |
Housing Distribution
Address Breakdown
Residential
5,440
Single Family
5,419
Multi-Family
21
Businesses
469
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Listed by: Tammy J Kessler • Texas Real Estate Executives, The Daniels Group - Gladewater
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20252734
Disclaimer: Copyright 2025 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.