606 12th StSeagravesTX79359
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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 Seagraves at 606 12th St, Seagraves, TX, 79359 generates $959/mo in rent, after a $775/mo payment. Total monthly income is $959/mo. Return on cash invested sits at 16.09% in year one, and rental yield is 7.27% on a $158,380 entry. Equity gained on principal adds $1,022/yr, while 5% annual appreciation builds toward $43,757 over five years. Five-year ROI reaches 83.56% and total cumulative return in cash sums $43,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $959/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79359, Seagraves, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,192 (100%) |
| Owner Occupied HU | 729 (61.2%) |
| Renter Occupied HU | 261 (21.9%) |
| Vacant Housing Units | 202 (16.9%) |
| Median Home Value | $117,628 |
| Average Home Value | $148,628 |
Housing Distribution
Address Breakdown
Residential
129
Single Family
129
Multi-Family
0
Businesses
76
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