1403 Lost Ridge CirSeabrookTX77586
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
Rental property for sale in Seabrook at 1403 Lost Ridge Cir, Seabrook, TX, 77586 priced at $500,000 converts $4,586/mo rent into $1,022/mo cash flow after a $2,447/mo obligation. Total monthly income equals $4,586/mo, and annual cash flow totals $12,268/yr on $165,750 invested. Return on cash invested prints 27.31% in year one, and rental yield reads 11.01% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 143.79% and total cumulative return in cash sums $238,328. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,586/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1989
10,798 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77586, Seabrook, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,624 (100%) |
| Owner Occupied HU | 6,373 (60.0%) |
| Renter Occupied HU | 3,344 (31.5%) |
| Vacant Housing Units | 907 ( 8.5%) |
| Median Home Value | $355,903 |
| Average Home Value | $406,033 |
Housing Distribution
Address Breakdown
Residential
10,709
Single Family
7,120
Multi-Family
3,589
Businesses
606
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chaitali Ravi • David Tracy Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #69863725
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.