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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Seadrift at 702 W Cleveland Ave, Seadrift, TX, 77983 offers $980/mo rent that, after a $636/mo payment, leaves $56/mo cash flow. Total monthly income is $980/mo, and annual cash flow is $670/yr on $43,095 cash. Return on cash invested measures 21.46% in year one, and rental yield stands at 9.05% at a $129,999 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,916 by year five. Five-year ROI records 112.42% and total cumulative return in cash reaches $48,446. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $980/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77983, Seadrift, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 573 (53.2%) |
| Renter Occupied HU | 111 (10.3%) |
| Vacant Housing Units | 394 (36.5%) |
| Median Home Value | $185,817 |
| Average Home Value | $234,869 |
Residential
351
Single Family
351
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2025-02-04 | Price change | $129,999 |
| 2025-01-03 | Price change | $139,999 |
| 2024-09-06 | Listed for sale | $147,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $130,645 | 10.00% |
| 2023-02-12 | $875.00 | -25.49% | $118,768 | 10.00% |
| 2022-02-12 | $1174.32 | -2.03% | $107,971 | 10.00% |
Listed by: Brandi Fowler • Country Pride Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #24782733
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