1313 Inverness StLongviewTX75601
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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
Rental property for sale in Longview at 1313 Inverness St, Longview, TX, 75601 generates $4,646/mo in rent, after a $4,796/mo payment. Total monthly income is $4,646/mo. Return on cash invested sits at 11.42% in year one, and rental yield is 5.69% on a $979,900 entry. Equity gained on principal adds $6,323/yr, while 5% annual appreciation builds toward $270,728 over five years. Five-year ROI reaches 58.48% and total cumulative return in cash sums $188,537. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,646/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.91 Acres 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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