2004 Secretariat TrlLongviewTX75604
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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
Total monthly income runs $1,230/mo, and a $1,224/mo payment. Purchase price stands at $250,000, and rental yield measures 5.9% with $1,230/mo rent. Return on cash invested shows 11.97% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 61.49% and total cumulative return in cash records $50,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,230/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Multi Family
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75604, Longview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,204 (100%) |
| Owner Occupied HU | 7,220 (54.7%) |
| Renter Occupied HU | 5,051 (38.3%) |
| Vacant Housing Units | 933 ( 7.1%) |
| Median Home Value | $219,899 |
| Average Home Value | $227,501 |
Housing Distribution
Address Breakdown
Residential
12,674
Single Family
11,078
Multi-Family
1,596
Businesses
1,254
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Listed by: Amy Brookshire • Coldwell Banker Lenhart - LGV
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25003869
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.