466 Forest LkLongviewTX75605
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 466 Forest Lk, Longview, TX, 75605 priced at $372,400 pairs $2,677/mo rent with $29/mo cash flow after a $1,823/mo payment. Total monthly income equals $2,677/mo, and annual cash flow comes to $342/yr on $123,451 invested. Return on cash invested is 20.19% in year one, and rental yield stands at 8.63% on a $372,400 basis. Equity gained on principal adds $2,403/yr, and 5% annual appreciation accumulates to $102,887 by year five. Five-year ROI measures 105.56% and total cumulative return in cash reaches $130,311. For financing, Ziffy Mortgage’s DSCR program evaluates $2,677/mo property income against a $1,823/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.36 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
