1307 Miami DrLongviewTX75601
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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 1307 Miami Dr, Longview, TX, 75601 priced at $189,900 pairs $1,492/mo rent with $142/mo cash flow after a $929/mo payment. Total monthly income equals $1,492/mo, and annual cash flow comes to $1,705/yr on $62,952 invested. Return on cash invested is 22.62% in year one, and rental yield stands at 9.43% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 118.63% and total cumulative return in cash reaches $74,681. For financing, Ziffy Mortgage’s DSCR program evaluates $1,492/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
9,583 sqft lot
$N/A/sqft
No 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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