404 SW 17th StSeminoleTX79360
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
Investment Highlights
Investment property for sale in Seminole at 404 SW 17th St, Seminole, TX, 79360 with 5% annual appreciation on a $239,000 basis while $2,160/mo rent supports operations. Total monthly income totals $2,160/mo and a $1,170/mo payment preserves $460/mo for cash returns. Annual cash flow comes to $5,523/yr on $79,229 deployed, and return on cash invested reaches 26.88% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,031 alongside rental yield of 10.85%. Five-year ROI measures 141.49% and total cumulative return in cash totals $112,104.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,160/mo property income versus a $1,170/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
10,397 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79360, Seminole, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,887 (100%) |
| Owner Occupied HU | 4,825 (70.1%) |
| Renter Occupied HU | 1,352 (19.6%) |
| Vacant Housing Units | 710 (10.3%) |
| Median Home Value | $229,338 |
| Average Home Value | $272,161 |
Housing Distribution
Address Breakdown
Residential
5,687
Single Family
5,528
Multi-Family
159
Businesses
555
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lance Celander • Landmark Realty
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #151945
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.