407 Simonds RdSeagovilleTX75159
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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 Seagoville at 407 Simonds Rd, Seagoville, TX, 75159 with 5% annual appreciation on a $219,990 basis while $1,553/mo rent supports operations. 72% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,779 alongside rental yield of 8.47%. Five-year ROI measures 103.07% and total cumulative return in cash totals $75,164. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,553/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75159, Seagoville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,448 (100%) |
| Owner Occupied HU | 5,479 (73.6%) |
| Renter Occupied HU | 1,658 (22.3%) |
| Vacant Housing Units | 311 ( 4.2%) |
| Median Home Value | $279,574 |
| Average Home Value | $383,231 |
Housing Distribution
Address Breakdown
Residential
7,200
Single Family
6,899
Multi-Family
301
Businesses
431
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Listed by: Brandy Schultz • Orbit Realty Group
Mls Name: NTREIS
Mls ID: #20977325