12 Sandy Creek DrLongviewTX75605
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 Longview at 12 Sandy Creek Dr, Longview, TX, 75605 generates $3,772/mo in rent, after a $9,784/mo payment. Total monthly income is $3,772/mo. Return on cash invested sits at 0.92% in year one, and rental yield is 2.26% on a $1,999,000 entry. Equity gained on principal adds $12,899/yr, while 5% annual appreciation builds toward $552,287 over five years. Five-year ROI reaches 2.19% and total cumulative return in cash sums $14,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,772/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
3.28 Acres lot
$N/A/sqft
$54 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dona Willett • Summers Cook & Company
Mls Name: GTARMLS
Mls Provider:
Mls ID: #23006912
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.