316 S Main StSeadriftTX77983
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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 Seadrift at 316 S Main St, Seadrift, TX, 77983 offers a 1.77% rental yield on a $825,000 purchase with $1,219/mo rent. 49% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,219/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
9,417 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77983, Seadrift, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 573 (53.2%) |
| Renter Occupied HU | 111 (10.3%) |
| Vacant Housing Units | 394 (36.5%) |
| Median Home Value | $185,817 |
| Average Home Value | $234,869 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
51
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Listed by: Matthew Franques • Alpine Partners Real Estate LL
Mls Name: HAR
Mls Provider:
Mls ID: #66406950
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