237 E Burton DrLongviewTX75603
Nearby investment properties with comparable rents
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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
Investment property for sale in Longview at 237 E Burton Dr, Longview, TX, 75603 uses $160,744 cash to close to unlock $24,710/yr annual cash flow and $2,059/mo monthly cash flow. Total monthly income runs $5,507/mo, and a $2,373/mo payment keeps the spread at $2,059/mo. Purchase price stands at $484,900, and rental yield measures 13.63% with $5,507/mo rent. Return on cash invested shows 35.28% in year one, and 5% annual appreciation builds toward $133,969 over five years. Five-year ROI reaches 186.5% and total cumulative return in cash records $299,791. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,507/mo property income covering a $2,373/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75603, Longview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,889 (100%) |
| Owner Occupied HU | 2,094 (72.5%) |
| Renter Occupied HU | 375 (13.0%) |
| Vacant Housing Units | 420 (14.5%) |
| Median Home Value | $259,846 |
| Average Home Value | $278,822 |
Housing Distribution
Address Breakdown
Residential
2,670
Single Family
2,549
Multi-Family
121
Businesses
200
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