1015 10th StSeagravesTX79359
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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 Seagraves at 1015 10th St, Seagraves, TX, 79359 offers a 9.65% rental yield on a $132,000 purchase with $1,062/mo rent. Total monthly income registers $1,062/mo, and a $646/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,481/yr on $43,758 to close, and return on cash invested stands at 23.29% in year one. Equity gained on principal adds $852/yr while 5% annual appreciation supports $36,469 over five years. Portfolio math shows five-year ROI at 122.27% and total cumulative return in cash at $53,503. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,062/mo property income against a $646/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79359, Seagraves, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,192 (100%) |
| Owner Occupied HU | 729 (61.2%) |
| Renter Occupied HU | 261 (21.9%) |
| Vacant Housing Units | 202 (16.9%) |
| Median Home Value | $117,628 |
| Average Home Value | $148,628 |
Housing Distribution
Address Breakdown
Residential
129
Single Family
129
Multi-Family
0
Businesses
76
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