1414 Walter StLongviewTX75605
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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 1414 Walter St, Longview, TX, 75605 generates $2,637/mo in rent and, after a $1,793/mo payment, leaves $27/mo in cash flow. Total monthly income is $2,637/mo, and annual cash flow is $324/yr on $121,409 invested. Return on cash invested sits at 20.18% in year one, and rental yield is 8.64% on a $366,240 entry. Equity gained on principal adds $2,363/yr, while 5% annual appreciation builds toward $101,185 over five years. Five-year ROI reaches 105.49% and total cumulative return in cash sums $128,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,637/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.30 Acres lot
$N/A/sqft
No 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
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