175 E County Road 2118LongviewTX75603
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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 Longview at 175 E County Road 2118, Longview, TX, 75603 offers a 9.24% rental yield on a $199,900 purchase with $1,539/mo rent. Total monthly income registers $1,539/mo, and a $978/mo payment leaves $118/mo available for distribution. Annual cash flow reaches $1,415/yr on $66,267 to close, and return on cash invested stands at 22.04% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 115.5% and total cumulative return in cash at $76,537. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,539/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75603, Longview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,889 (100%) |
| Owner Occupied HU | 2,094 (72.5%) |
| Renter Occupied HU | 375 (13.0%) |
| Vacant Housing Units | 420 (14.5%) |
| Median Home Value | $259,846 |
| Average Home Value | $278,822 |
Housing Distribution
Address Breakdown
Residential
2,670
Single Family
2,549
Multi-Family
121
Businesses
200
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