424 E Simonds Rd #424-422SeagovilleTX75159
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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 424 E Simonds Rd #424-422, Seagoville, TX, 75159 earns $267/mo cash flow from $2,187/mo rent with a $1,322/mo payment. Total monthly income totals $2,187/mo, and annual cash flow totals $3,198/yr on $89,505 capital. ROI tracks 23.48% on current figures, and rental yield reads 9.72% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 123.25% and total cumulative return in cash sums $110,317. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,187/mo property income instead of your personal income.
Multi Family
Built in 1980
7,492 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: Belinda Epps • Epps Realty, LLC
Mls Name: NTREIS
Mls ID: #20818169
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.