1110 Athena DrivePortlandTX78374
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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 1110 Athena Drive, Portland, TX, 78374 with 5% annual appreciation on a $264,232 basis while $1,891/mo rent supports operations. Total monthly income totals $1,891/mo and a $1,293/mo payment preserves $12/mo for cash returns. Annual cash flow comes to $147/yr on $87,593 deployed, and return on cash invested reaches 20.08% in year one. Equity gained on principal adds $1,705/yr, and five-year appreciation sums $73,002 alongside rental yield of 8.59%. Five-year ROI measures 105% and total cumulative return in cash totals $91,970.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,891/mo property income versus a $1,293/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
4,791 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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Listed by: Christopher Marti • Housifi
Mls Name: SABOR
Mls Provider:
Mls ID: #1854563
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.