409 State Highway 83 ESeagravesTX79359
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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
Investment property for sale in Seagraves at 409 State Highway 83 E, Seagraves, TX, 79359 offers a 9.69% rental yield on a $249,900 purchase with $2,018/mo rent. Total monthly income registers $2,018/mo, and a $1,223/mo payment leaves $241/mo available for distribution. Annual cash flow reaches $2,893/yr on $82,842 to close, and return on cash invested stands at 23.4% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 122.84% and total cumulative return in cash at $101,762. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,018/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79359, Seagraves, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,192 (100%) |
| Owner Occupied HU | 729 (61.2%) |
| Renter Occupied HU | 261 (21.9%) |
| Vacant Housing Units | 202 (16.9%) |
| Median Home Value | $117,628 |
| Average Home Value | $148,628 |
Housing Distribution
Address Breakdown
Residential
129
Single Family
129
Multi-Family
0
Businesses
76
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