614 SW 3rd 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 614 SW 3rd St, Seminole, TX, 79360 uses $53,023 cash to close to unlock $893/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $1,212/mo, and a $783/mo payment keeps the spread at $74/mo. Purchase price stands at $159,950, and rental yield measures 9.09% with $1,212/mo rent. Return on cash invested shows 21.59% in year one, and 5% annual appreciation builds toward $44,191 over five years. Five-year ROI reaches 113.13% and total cumulative return in cash records $59,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,212/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1965
6,534 sqft 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