508 SW 17th StSeminoleTX79360
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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
Total monthly income runs $2,160/mo, and a $1,615/mo payment. Purchase price stands at $330,000, and rental yield measures 7.85% with $2,160/mo rent. Return on cash invested shows 17.86% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 93.11% and total cumulative return in cash records $101,855. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1975
9,099 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79360, Seminole, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,887 (100%) |
| Owner Occupied HU | 4,825 (70.1%) |
| Renter Occupied HU | 1,352 (19.6%) |
| Vacant Housing Units | 710 (10.3%) |
| Median Home Value | $229,338 |
| Average Home Value | $272,161 |
Housing Distribution
Address Breakdown
Residential
5,687
Single Family
5,528
Multi-Family
159
Businesses
555
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Listed by: Dusty Miller • The Real Estate Place
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #151501
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.