1065 N Ocean DrPort LavacaTX77979
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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
Total monthly income runs $1,736/mo, and a $2,619/mo payment. Purchase price stands at $535,000, and rental yield measures 3.89% with $1,736/mo rent. Return on cash invested shows 5.96% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 29.23% and total cumulative return in cash records $51,448. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,736/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77979, Port Lavaca, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,582 (100%) |
| Owner Occupied HU | 4,338 (57.2%) |
| Renter Occupied HU | 1,774 (23.4%) |
| Vacant Housing Units | 1,470 (19.4%) |
| Median Home Value | $157,511 |
| Average Home Value | $203,426 |
Housing Distribution
Address Breakdown
Residential
6,993
Single Family
6,417
Multi-Family
576
Businesses
738
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Listed by: Natalie Purcell • MONARCH RESIDENTIAL MANAGEMENT
Mls Name: LERA MLS
Mls ID: #1876092