2211 Preakness DrSeagovilleTX75159
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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 Seagoville at 2211 Preakness Dr, Seagoville, TX, 75159 listed at $307,367 pairs $2,256/mo rent with a $1,504/mo payment to leave $33/mo cash flow. Total monthly income runs $2,256/mo, and annual cash flow reaches $398/yr on $101,892 cash to close. Return on cash invested measures 20.3% in year one, and rental yield registers 8.81% at a $307,367 basis. Equity gained on principal adds $1,983/yr, and annual property appreciation at 5% supports $84,920 by year five. Five-year ROI tracks 106.34% and total cumulative return in cash totals $108,357. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,256/mo property income relative to a $1,504/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75159, Seagoville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,448 (100%) |
| Owner Occupied HU | 5,479 (73.6%) |
| Renter Occupied HU | 1,658 (22.3%) |
| Vacant Housing Units | 311 ( 4.2%) |
| Median Home Value | $279,574 |
| Average Home Value | $383,231 |
Housing Distribution
Address Breakdown
Residential
7,200
Single Family
6,899
Multi-Family
301
Businesses
431
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Listed by: Patrick Mcgrath • Meritage Homes Realty
Mls Name: NTREIS
Mls ID: #20883529
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.