306 15th StSeagravesTX79359
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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 Seagraves at 306 15th St, Seagraves, TX, 79359 generates $0/mo in rent, after a $783/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.83% in year one, and rental yield is 0% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79359, Seagraves, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,192 (100%) |
| Owner Occupied HU | 729 (61.2%) |
| Renter Occupied HU | 261 (21.9%) |
| Vacant Housing Units | 202 (16.9%) |
| Median Home Value | $117,628 |
| Average Home Value | $148,628 |
Housing Distribution
Address Breakdown
Residential
129
Single Family
129
Multi-Family
0
Businesses
76
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No similar rental properties found nearby.
Nearby investment properties with comparable prices