234 Heritage CtSeagovilleTX75159
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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
Rental property for sale in Seagoville at 234 Heritage Ct, Seagoville, TX, 75159 priced at $309,000 converts $4,429/mo rent into $2,162/mo cash flow after a $1,512/mo obligation. Total monthly income equals $4,429/mo, and annual cash flow totals $25,945/yr on $102,434 invested. Return on cash invested prints 45.24% in year one, and rental yield reads 17.2% against a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation compiles into $85,371 by year five. Five-year ROI reaches 240.21% and total cumulative return in cash sums $246,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,429/mo property income covering a $1,512/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
2,265 sqft lot
$N/A/sqft
$70 monthly 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: Bill Moomaw • Regal, REALTORS
Mls Name: NTREIS
Mls ID: #20598756
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.