601 SW 2nd StSeminoleTX79360
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Seminole at 601 SW 2nd St, Seminole, TX, 79360 offers a 8.24% rental yield on a $205,000 purchase with $1,408/mo rent. 04% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 99.39% and total cumulative return in cash at $67,542. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,408/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
319 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices