903 N 3rd StLongviewTX75601
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 903 N 3rd St, Longview, TX, 75601 earns $646/mo cash flow from $2,281/mo rent with a $1,125/mo payment. Total monthly income totals $2,281/mo, and annual cash flow totals $7,757/yr on $76,212 capital. ROI tracks 30.09% on current figures, and rental yield reads 11.91% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 158.65% and total cumulative return in cash sums $120,911. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,281/mo property income instead of your personal income.
Single Family
Built in 2024
-21780 sqft 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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