1129 Athena DrivePortlandTX78374
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1129 Athena Drive, Portland, TX, 78374 in Portland is narrow, $21/mo net on $1,725/mo rent after the $1,157/mo debt service, but the property operates at break-even-plus, not a loss. At $257,399 with a 8.63% yield, the long-run equity case via 5% appreciation ($71,115 over five years) and $2,371/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.49 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $91,903.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $21 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,725 |
| Total Monthly Debt Service | $1,728 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Marti • Housifi
Mls Name: SABOR
Mls Provider:
Mls ID: #1856734
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.