260 Lake Estates TrlLongviewTX75605
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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 260 Lake Estates Trl, Longview, TX, 75605 priced at $565,000 converts $4,136/mo rent into $119/mo cash flow after a $2,765/mo obligation. Total monthly income equals $4,136/mo, and annual cash flow totals $1,423/yr on $185,885 invested. Return on cash invested prints 20.83% in year one, and rental yield reads 8.78% against a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation compiles into $156,099 by year five. Five-year ROI reaches 108.95% and total cumulative return in cash sums $202,527. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,136/mo property income covering a $2,765/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.82 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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