6 Lewis StLongviewTX75605
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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 6 Lewis St, Longview, TX, 75605 uses $106,080 cash to close to unlock $9,188/yr annual cash flow and $766/mo monthly cash flow. Total monthly income runs $3,041/mo, and a $1,566/mo payment keeps the spread at $766/mo. Purchase price stands at $320,000, and rental yield measures 11.4% with $3,041/mo rent. Return on cash invested shows 28.57% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 150.51% and total cumulative return in cash records $159,663. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,041/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.69 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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