1612 Oden StLongviewTX75602
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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 1612 Oden St, Longview, TX, 75602 generates $950/mo in rent and, after a $607/mo payment, leaves $29/mo in cash flow. Total monthly income is $950/mo, and annual cash flow is $353/yr on $41,106 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 9.19% on a $124,000 entry. Equity gained on principal adds $800/yr, while 5% annual appreciation builds toward $34,259 over five years. Five-year ROI reaches 109.13% and total cumulative return in cash sums $44,859. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $950/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
N/A 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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