823 Timber Cove DrSeabrookTX77586
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
Rental property for sale in Seabrook at 823 Timber Cove Dr, Seabrook, TX, 77586 priced at $350,000 converts $3,253/mo rent into $764/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,253/mo, and annual cash flow totals $9,170/yr on $116,025 invested. Return on cash invested prints 27.81% in year one, and rental yield reads 11.15% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 146.47% and total cumulative return in cash sums $169,946. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,253/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices