608 17th StSeagravesTX79359
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 Seagraves at 608 17th St, Seagraves, TX, 79359 offers a 9.32% rental yield on a $129,999 purchase with $1,010/mo rent. 24% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,916 over five years. Portfolio math shows five-year ROI at 96.69% and total cumulative return in cash at $41,666. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,010/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rigo Lopez • Progressive Properties
Mls Name: LBMLS
Mls Provider:
Mls ID: #202552780
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.