4104 Seneca CirMayTX76857
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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
Rental property for sale in May at 4104 Seneca Cir, May, TX, 76857 priced at $399,000 converts $2,076/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,076/mo. Return on cash invested prints 10.78% in year one, and rental yield reads 6.24% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 55.91% and total cumulative return in cash sums $73,946. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,076/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 1983
10,410 sqft lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76857, May, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,684 (100%) |
| Owner Occupied HU | 793 (47.1%) |
| Renter Occupied HU | 100 ( 5.9%) |
| Vacant Housing Units | 791 (47.0%) |
| Median Home Value | $220,313 |
| Average Home Value | $266,081 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
900
Multi-Family
1
Businesses
36
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Listed by: Heidi Andrade • Ann Jones Real Estate
Mls Name: NTREIS
Mls ID: #20613050
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.