507 S Seaman StEastlandTX76448
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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 Eastland at 507 S Seaman St, Eastland, TX, 76448 listed at $128,000 pairs $970/mo rent with a $627/mo payment to leave $60/mo cash flow. Total monthly income runs $970/mo, and annual cash flow reaches $723/yr on $42,432 cash to close. Return on cash invested measures 21.61% in year one, and rental yield registers 9.09% at a $128,000 basis. Equity gained on principal adds $826/yr, and annual property appreciation at 5% supports $35,364 by year five. Five-year ROI tracks 113.26% and total cumulative return in cash totals $48,059. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $970/mo property income relative to a $627/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76448, Eastland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,101 (100%) |
| Owner Occupied HU | 1,776 (57.3%) |
| Renter Occupied HU | 655 (21.1%) |
| Vacant Housing Units | 670 (21.6%) |
| Median Home Value | $203,516 |
| Average Home Value | $262,323 |
Housing Distribution
Address Breakdown
Residential
2,528
Single Family
2,241
Multi-Family
287
Businesses
387
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Listed by: Glenn Copeland • RE/MAX, CrossRoad REALTORS
Mls Name: NTREIS
Mls ID: #20813148
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.