709 Grandview AveSeagovilleTX75159
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 Seagoville at 709 Grandview Ave, Seagoville, TX, 75159 uses $86,190 cash to close to unlock $4,148/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $2,195/mo, and a $1,273/mo payment keeps the spread at $346/mo. Purchase price stands at $260,000, and rental yield measures 10.13% with $2,195/mo rent. Return on cash invested shows 24.72% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 129.88% and total cumulative return in cash records $111,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,195/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 2002
7,927 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: Jessica Cruz Iniguez • Elite Real Estate Texas
Mls Name: NTREIS
Mls ID: #21063166