506 W Morris StSeymourTX76380
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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 Seymour at 506 W Morris St, Seymour, TX, 76380 uses $79,229 cash to close to unlock $4,059/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $2,038/mo, and a $1,170/mo payment keeps the spread at $338/mo. Purchase price stands at $239,000, and rental yield measures 10.23% with $2,038/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 131.57% and total cumulative return in cash records $104,244. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,038/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1979
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76380, Seymour, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,184 (100%) |
| Owner Occupied HU | 1,077 (49.3%) |
| Renter Occupied HU | 471 (21.6%) |
| Vacant Housing Units | 636 (29.1%) |
| Median Home Value | $103,241 |
| Average Home Value | $180,084 |
Housing Distribution
Address Breakdown
Residential
1,597
Single Family
1,584
Multi-Family
13
Businesses
211
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