








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 Portland at 106 Peridot St, Portland, TX, 78374 priced at $399,900 converts $3,240/mo rent into $397/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,240/mo, and annual cash flow totals $4,759/yr on $132,567 invested. Return on cash invested prints 23.5% in year one, and rental yield reads 9.72% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 123.3% and total cumulative return in cash sums $163,460. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,240/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 2022
6,037 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78374, Portland, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,093 (100%) |
| Owner Occupied HU | 4,883 (53.7%) |
| Renter Occupied HU | 2,838 (31.2%) |
| Vacant Housing Units | 1,372 (15.1%) |
| Median Home Value | $233,059 |
| Average Home Value | $265,830 |
Residential
8,017
Single Family
5,712
Multi-Family
2,305
Businesses
536
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $399,900 |
| 2023-04-18 | Sold | N/A |
| 2023-03-20 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kamran Zarghouni • KM Premier Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #449293
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.