614 E Farmers 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 614 E Farmers Rd, Seagoville, TX, 75159 generates $1,317/mo in rent and, after a $808/mo payment, leaves $143/mo in cash flow. Total monthly income is $1,317/mo, and annual cash flow is $1,719/yr on $54,697 invested. Return on cash invested sits at 23.05% in year one, and rental yield is 9.58% on a $164,999 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 120.97% and total cumulative return in cash sums $66,167. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,317/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
9,583 sqft 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: Mary Thompson • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21000124
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.