1209 W Oakland AvenueSeadriftTX77983
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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 Seadrift at 1209 W Oakland Avenue, Seadrift, TX, 77983 listed at $249,000 pairs $1,696/mo rent with a $1,219/mo payment. Total monthly income runs $1,696/mo. Return on cash invested measures 18.82% in year one, and rental yield registers 8.17% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 98.26% and total cumulative return in cash totals $81,104. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,696/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77983, Seadrift, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 573 (53.2%) |
| Renter Occupied HU | 111 (10.3%) |
| Vacant Housing Units | 394 (36.5%) |
| Median Home Value | $185,817 |
| Average Home Value | $234,869 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
51
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Listed by: Adam Hawkins • Legacy Broker Group
Mls Name: SABOR
Mls Provider:
Mls ID: #1821886
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.