2307 Airline RdLongviewTX75605
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 Longview at 2307 Airline Rd, Longview, TX, 75605 priced at $279,000 converts $2,299/mo rent into $315/mo cash flow after a $1,366/mo obligation. Total monthly income equals $2,299/mo, and annual cash flow totals $3,775/yr on $92,489 invested. Return on cash invested prints 23.99% in year one, and rental yield reads 9.89% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 125.95% and total cumulative return in cash sums $116,491. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,299/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Single Family
Built in 1959
1.08 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
