202 Miles StLongviewTX75605
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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 202 Miles St, Longview, TX, 75605 offers $3,127/mo rent that, after a $1,148/mo payment, leaves $1,459/mo cash flow. Total monthly income is $3,127/mo, and annual cash flow is $17,510/yr on $77,737 cash. Return on cash invested measures 42.43% in year one, and rental yield stands at 16% at a $234,500 entry. Equity gained on principal adds $1,513/yr while 5% annual appreciation compounds into $64,788 by year five. Five-year ROI records 224.89% and total cumulative return in cash reaches $174,820. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,127/mo property income versus a $1,148/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
No 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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