38 Bay Club Dr #38SeadriftTX77983
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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
Investment Highlights
Rental property for sale in Seadrift at 38 Bay Club Dr #38, Seadrift, TX, 77983 priced at $135,000 pairs $3,161/mo rent with $2,201/mo cash flow after a $661/mo payment. Total monthly income equals $3,161/mo, and annual cash flow comes to $26,409/yr on $44,753 invested. Return on cash invested is 78.92% in year one, and rental yield stands at 28.1% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 420.53% and total cumulative return in cash reaches $188,197. For financing, Ziffy Mortgage’s DSCR program evaluates $3,161/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
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
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Listed by: Nancy Garner • Woolson Real Estate, Inc
Mls Name: HAR
Mls Provider:
Mls ID: #94870025
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