Longview, TX — Rental Investment Analysis

🟡MODERATE— average returns

Cap Rate

4.5%

Below average

Monthly Cash Flow

-$366

After all expenses

Price-to-Rent

13.1

Investor-friendly

DSCR

0.71

Fails

📊 Key Metrics

Median Home Price: $230,919
Average Rent (3BR): $1,390/mo
Price-to-Rent Ratio: 13.1(good)
1% Rule: 0.63%(fails — need 1%+)
Cash-on-Cash Return: -8.0%
Vacancy Rate: 8.0%

📈 Market Strength

Unemployment Rate: 4.3%(0% vs national)
Rent Growth (YoY): +2.9%(national avg)
Population Growth: +1.5% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

1.68%

of assessed value (TX avg)

Median Income

$67,321

household (TX avg)

Rent-to-Income

24.8%

Affordable

Section 8 Max Rent

$1,390/mo

3BR voucher payment

🏛️ TX Investor Climate

Landlord Friendly

9/10

State Income Tax

✅ None

Property Tax

1.68% effective

Population Trend

+1.5% (3yr)

🏘️ Best Zip Codes in Longview for Investors

75602

Cap Rate: 7.4%Cash Flow: +$124/mo$143,451

75602

Cap Rate: 7.4%Cash Flow: +$124/mo$143,451

75604

Cap Rate: 5.2%Cash Flow: -$228/mo$219,927

All Zip Codes in Longview

Zip	Cap Rate	Cash Flow	Home Price	Rent (3BR)	DSCR
75602	7.4%	+$124	$143,451	$1,330/mo	1.16
75602	7.4%	+$124	$143,451	$1,330/mo	1.16
75604	5.2%	-$228	$219,927	$1,530/mo	0.81
75645	4.6%	-$399	$273,388	$1,760/mo	0.73
75601	4.5%	-$331	$214,576	$1,360/mo	0.71
75644	4.5%	-$334	$217,455	$1,380/mo	0.71
75601	4.5%	-$331	$214,576	$1,360/mo	0.71
75603	4.0%	-$482	$241,911	$1,400/mo	0.63
75603	4.0%	-$482	$241,911	$1,400/mo	0.63
75605	3.9%	-$586	$287,735	$1,650/mo	0.62
75605	3.9%	-$586	$287,735	$1,650/mo	0.62
75691	3.3%	-$643	$251,219	$1,280/mo	0.52