38 Bay Club Dr #38SeadriftTX77983
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 38 Bay Club Dr #38, Seadrift, TX, 77983 in Seadrift speaks for itself: 28.1% gross on a $135,000 price, generating $3,161/mo in rent and $2,201/mo in net income after the $607/mo debt service. DSCR 5.21, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $26,409 stacks alongside $37,298 in projected five-year appreciation and $1,243/yr in principal reduction. Projected total cumulative return: $193,382.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 28.1% | 6.2% |
| Monthly Cash Flow | $2,201 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,161 |
| Total Monthly Debt Service | $906 |
| DSCR Ratio | 3.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
0.72 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Lot
Built in N/A
0.72 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices