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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Seadrift at 23 Mesquite St E, Seadrift, TX, 77465 earns from $1,219/mo rent with a $1,077/mo payment. Total monthly income totals $1,219/mo. ROI tracks 14.22% on current figures, and rental yield reads 6.65% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 73.61% and total cumulative return in cash sums $53,687. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,219/mo property income instead of your personal income.
Single Family
Built in 1972
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77465, Palacios, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 2,318 (55.5%) |
| Renter Occupied HU | 692 (16.6%) |
| Vacant Housing Units | 1,167 (27.9%) |
| Median Home Value | $223,515 |
| Average Home Value | $225,985 |
Residential
3,080
Single Family
3,018
Multi-Family
62
Businesses
254
Date | Event | Price |
|---|---|---|
| 2025-01-03 | Listed for sale | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $95,960 | 0.70% |
| 2023-02-13 | $1298.52 | 16.29% | $95,290 | 33.27% |
| 2022-02-13 | $1116.62 | 12.47% | $71,500 | 23.53% |
Listed by: Billie J Edgett • Texas Coastal Bay Realty
Mls Name: My State MLS
Mls ID: #11402388
