260 Cairy LnLongviewTX75604
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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 260 Cairy Ln, Longview, TX, 75604 uses $52,966 cash to close to unlock $12,982/yr annual cash flow and $1,082/mo monthly cash flow. Total monthly income runs $2,218/mo, and a $782/mo payment keeps the spread at $1,082/mo. Purchase price stands at $159,777, and rental yield measures 16.66% with $2,218/mo rent. Return on cash invested shows 44.42% in year one, and 5% annual appreciation builds toward $44,143 over five years. Five-year ROI reaches 235.49% and total cumulative return in cash records $124,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,218/mo property income covering a $782/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
1.08 Acres 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: Charles Chrisman • Epique Realty LLC
Mls Name: NTREIS
Mls ID: #20701147
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.