500 Palms Ln #RL9ROFLongviewTX75601
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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 500 Palms Ln #RL9ROF, Longview, TX, 75601 listed at $347,500 pairs $3,286/mo rent with a $1,701/mo payment to leave $815/mo cash flow. Total monthly income runs $3,286/mo, and annual cash flow reaches $9,777/yr on $115,196 cash to close. Return on cash invested measures 28.4% in year one, and rental yield registers 11.35% at a $347,500 basis. Equity gained on principal adds $2,242/yr, and annual property appreciation at 5% supports $96,008 by year five. Five-year ROI tracks 149.56% and total cumulative return in cash totals $172,293. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,286/mo property income relative to a $1,701/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75601, Longview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,037 (100%) |
| Owner Occupied HU | 3,571 (50.7%) |
| Renter Occupied HU | 2,759 (39.2%) |
| Vacant Housing Units | 707 (10.0%) |
| Median Home Value | $202,941 |
| Average Home Value | $222,911 |
Housing Distribution
Address Breakdown
Residential
6,864
Single Family
5,655
Multi-Family
1,209
Businesses
1,158
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