413 Magellan RdSeagovilleTX75159
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 Seagoville at 413 Magellan Rd, Seagoville, TX, 75159 offers a 8.5% rental yield on a $406,500 purchase with $2,880/mo rent. 78% in year one. Equity gained on principal adds $2,623/yr while 5% annual appreciation supports $112,308 over five years. Portfolio math shows five-year ROI at 98.4% and total cumulative return in cash at $132,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $1,990/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,998 sqft lot
$N/A/sqft
$1,390 annually 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: Jagjit Singh • Jagjit Singh
Mls Name: NTREIS
Mls ID: #20956911
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.