175&177 Holt StNew LondonTX75682
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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
Investment property for sale in New London at 175&177 Holt St, New London, TX, 75682 uses $79,527 cash to close to unlock $4,263/yr annual cash flow and $355/mo monthly cash flow. Total monthly income runs $2,061/mo, and a $1,174/mo payment keeps the spread at $355/mo. Purchase price stands at $239,900, and rental yield measures 10.31% with $2,061/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 132.84% and total cumulative return in cash records $105,643. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,061/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Multi Family
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75682, New London, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
215
Single Family
1
Multi-Family
0
Businesses
23
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Listed by: Dena Ochoa • Texas Real Estate Executives, The Daniels Group - Gilmer
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20246151
Disclaimer: Copyright 2025 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.