402 Delano StLongviewTX75604
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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 402 Delano St, Longview, TX, 75604 listed at $266,000 pairs $3,191/mo rent with a $1,302/mo payment to leave $1,299/mo cash flow. Total monthly income runs $3,191/mo, and annual cash flow reaches $15,592/yr on $88,179 cash to close. Return on cash invested measures 37.59% in year one, and rental yield registers 14.4% at a $266,000 basis. Equity gained on principal adds $1,716/yr, and annual property appreciation at 5% supports $73,491 by year five. Five-year ROI tracks 198.91% and total cumulative return in cash totals $175,397. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,191/mo property income relative to a $1,302/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
0.31 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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