155 Cross Creek RdLongviewTX75602
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 155 Cross Creek Rd, Longview, TX, 75602 priced at $179,200 converts $1,434/mo rent into $160/mo cash flow after a $877/mo obligation. Total monthly income equals $1,434/mo, and annual cash flow totals $1,917/yr on $59,405 invested. Return on cash invested prints 23.14% in year one, and rental yield reads 9.6% against a $179,200 entry. Equity gained on principal adds $1,156/yr, while 5% annual appreciation compiles into $49,510 by year five. Five-year ROI reaches 121.37% and total cumulative return in cash sums $72,102. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,434/mo property income covering a $877/mo payment, not borrower’s personal income.
Manufactured
Built in 1999
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75602, Longview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,837 (100%) |
| Owner Occupied HU | 4,714 (53.3%) |
| Renter Occupied HU | 3,061 (34.6%) |
| Vacant Housing Units | 1,062 (12.0%) |
| Median Home Value | $127,415 |
| Average Home Value | $228,325 |
Housing Distribution
Address Breakdown
Residential
8,323
Single Family
7,625
Multi-Family
698
Businesses
563
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