6051 County Road 3121Long BranchTX75669
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 Long Branch at 6051 County Road 3121, Long Branch, TX, 75669 earns $1,421/mo cash flow from $3,198/mo rent with a $1,223/mo payment. Total monthly income totals $3,198/mo, and annual cash flow totals $17,053/yr on $82,842 capital. ROI tracks 40.49% on current figures, and rental yield reads 15.36% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 214.5% and total cumulative return in cash sums $177,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,198/mo property income instead of your personal income.
Manufactured
Built in 2006
9.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75669, Long Branch, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 377 (100%) |
| Owner Occupied HU | 250 (66.3%) |
| Renter Occupied HU | 48 (12.7%) |
| Vacant Housing Units | 79 (21.0%) |
| Median Home Value | $207,143 |
| Average Home Value | $229,310 |
Housing Distribution
Address Breakdown
Residential
342
Single Family
342
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cory Tutt • Coldwell Banker Home Place - Carthage
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20245391
Disclaimer: Copyright 2024 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.