1106 Polaris StPortlandTX78374
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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
Investment property for sale in Portland at 1106 Polaris St, Portland, TX, 78374 uses $62,654 cash to close to unlock $3,385/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $1,626/mo, and a $925/mo payment keeps the spread at $282/mo. Purchase price stands at $189,000, and rental yield measures 10.32% with $1,626/mo rent. Return on cash invested shows 25.31% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 133.11% and total cumulative return in cash records $83,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,626/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1966
8,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78374, Portland, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,017
Single Family
5,712
Multi-Family
2,305
Businesses
536
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