185 Timber Falls DrLongviewTX75605
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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 185 Timber Falls Dr, Longview, TX, 75605 priced at $530,000 converts $5,860/mo rent into $2,074/mo cash flow after a $2,594/mo obligation. Total monthly income equals $5,860/mo, and annual cash flow totals $24,894/yr on $174,370 invested. Return on cash invested prints 34.34% in year one, and rental yield reads 13.27% against a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation compiles into $146,429 by year five. Five-year ROI reaches 181.44% and total cumulative return in cash sums $316,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,860/mo property income covering a $2,594/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.68 Acres lot
$N/A/sqft
$200 annually 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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Listed by: Billy Cogar • Coldwell Banker Lenhart - LGV
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24009735
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.