2120 Longhorn DrLevellandTX79336
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Levelland at 2120 Longhorn Dr, Levelland, TX, 79336 priced at $270,000 converts $2,117/mo rent into $197/mo cash flow after a $1,322/mo obligation. Total monthly income equals $2,117/mo, and annual cash flow totals $2,358/yr on $89,505 invested. Return on cash invested prints 22.54% in year one, and rental yield reads 9.41% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 118.2% and total cumulative return in cash sums $105,793. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,117/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 2002
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79336, Levelland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,131 (100%) |
| Owner Occupied HU | 4,343 (60.9%) |
| Renter Occupied HU | 1,773 (24.9%) |
| Vacant Housing Units | 1,015 (14.2%) |
| Median Home Value | $147,185 |
| Average Home Value | $220,218 |
Housing Distribution
Address Breakdown
Residential
6,490
Single Family
6,371
Multi-Family
119
Businesses
643
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices