513 E Young StLongviewTX75602
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
Investment property for sale in Longview at 513 E Young St, Longview, TX, 75602 with 5% annual appreciation on a $298,000 basis while $2,614/mo rent supports operations. Total monthly income totals $2,614/mo and a $1,459/mo payment preserves $494/mo for cash returns. Annual cash flow comes to $5,933/yr on $98,787 deployed, and return on cash invested reaches 25.92% in year one. Equity gained on principal adds $1,923/yr, and five-year appreciation sums $82,332 alongside rental yield of 10.53%. Five-year ROI measures 136.28% and total cumulative return in cash totals $134,624.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,614/mo property income versus a $1,459/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1941
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75602, Longview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,837 (100%) |
| Owner Occupied HU | 4,714 (53.3%) |
| Renter Occupied HU | 3,061 (34.6%) |
| Vacant Housing Units | 1,062 (12.0%) |
| Median Home Value | $127,415 |
| Average Home Value | $228,325 |
Housing Distribution
Address Breakdown
Residential
8,323
Single Family
7,625
Multi-Family
698
Businesses
563
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices