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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% |
Rental property for sale in Seadrift at 502 N 5th St, Seadrift, TX, 77983 priced at $249,000 pairs $0/mo rent with after a $1,219/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.84% in year one, and rental yield stands at 0% on a $249,000 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,794 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.85 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 |
|---|---|---|
| 2024-09-10 | Listed for sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $601.08 | -46.26% | $170,489 | 10.00% |
| 2022-10-15 | $1118.55 | 0.04% | $154,990 | 10.00% |
| 2021-10-15 | $1118.14 | N/A | $140,900 | 2.56% |
No similar rental properties found nearby.
Listed by: Cynthia Wittnebert Alford • Bay Breeze Real Estate, Inc.
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #556275
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.
