802 Forest Lake DrSeabrookTX77586
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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 Seabrook at 802 Forest Lake Dr, Seabrook, TX, 77586 generates $3,400/mo in rent and, after a $1,517/mo payment, leaves $1,196/mo in cash flow. Total monthly income is $3,400/mo, and annual cash flow is $14,350/yr on $102,765 invested. Return on cash invested sits at 33.87% in year one, and rental yield is 13.16% on a $309,999 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 178.94% and total cumulative return in cash sums $183,883. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77586, Seabrook, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,624 (100%) |
| Owner Occupied HU | 6,373 (60.0%) |
| Renter Occupied HU | 3,344 (31.5%) |
| Vacant Housing Units | 907 ( 8.5%) |
| Median Home Value | $355,903 |
| Average Home Value | $406,033 |
Housing Distribution
Address Breakdown
Residential
10,709
Single Family
7,120
Multi-Family
3,589
Businesses
606
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