306 E Morris StSeymourTX76380
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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 Seymour at 306 E Morris St, Seymour, TX, 76380 offers $1,901/mo rent that, after a $979/mo payment, leaves $479/mo cash flow. Total monthly income is $1,901/mo, and annual cash flow is $5,744/yr on $66,300 cash. Return on cash invested measures 28.57% in year one, and rental yield stands at 11.41% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 150.53% and total cumulative return in cash reaches $99,800. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,901/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76380, Seymour, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,184 (100%) |
| Owner Occupied HU | 1,077 (49.3%) |
| Renter Occupied HU | 471 (21.6%) |
| Vacant Housing Units | 636 (29.1%) |
| Median Home Value | $103,241 |
| Average Home Value | $180,084 |
Housing Distribution
Address Breakdown
Residential
1,597
Single Family
1,584
Multi-Family
13
Businesses
211
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