600 W Simonds RdSeagovilleTX75159
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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
Rental property for sale in Seagoville at 600 W Simonds Rd, Seagoville, TX, 75159 priced at $650,000 pairs $2,256/mo rent with after a $3,181/mo payment. Total monthly income equals $2,256/mo. Return on cash invested is 6.78% in year one, and rental yield stands at 4.16% on a $650,000 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. Five-year ROI measures 33.66% and total cumulative return in cash reaches $71,990. For financing, Ziffy Mortgage’s DSCR program evaluates $2,256/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
3.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75159, Seagoville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,448 (100%) |
| Owner Occupied HU | 5,479 (73.6%) |
| Renter Occupied HU | 1,658 (22.3%) |
| Vacant Housing Units | 311 ( 4.2%) |
| Median Home Value | $279,574 |
| Average Home Value | $383,231 |
Housing Distribution
Address Breakdown
Residential
7,200
Single Family
6,899
Multi-Family
301
Businesses
431
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Listed by: Rodney O'neal • M&D Real Estate
Mls Name: NTREIS
Mls ID: #21137923