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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Seadrift at 501 S 15th St, Seadrift, TX, 77983 offers a 9.35% rental yield on a $179,950 purchase with $1,402/mo rent. Total monthly income registers $1,402/mo, and a $881/mo payment leaves $122/mo available for distribution. Annual cash flow reaches $1,465/yr on $59,653 to close, and return on cash invested stands at 22.37% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,717 over five years. Portfolio math shows five-year ROI at 117.3% and total cumulative return in cash at $69,973. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,402/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77983, Seadrift, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 573 (53.2%) |
| Renter Occupied HU | 111 (10.3%) |
| Vacant Housing Units | 394 (36.5%) |
| Median Home Value | $185,817 |
| Average Home Value | $234,869 |
Residential
351
Single Family
351
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2025-08-06 | Price change | $179,950 |
| 2025-07-01 | Price change | $189,950 |
| 2025-05-23 | Listed for sale | $199,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-31 | $1573.08 | 21.94% | $154,818 | 10.00% |
| 2023-08-31 | $1290.02 | -27.26% | $140,744 | 10.00% |
| 2022-08-31 | $1773.35 | -1.25% | $127,949 | 10.00% |
Listed by: Michael Weaster • Graham&Company Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #97706050
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.
