116 Del Mar 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
Investment property for sale in Port Lavaca at 116 Del Mar Dr, Port Lavaca, TX, 77979 offers a 10.78% rental yield on a $285,000 purchase with $2,560/mo rent. Total monthly income registers $2,560/mo, and a $1,395/mo payment leaves $533/mo available for distribution. Annual cash flow reaches $6,399/yr on $94,478 to close, and return on cash invested stands at 26.68% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 140.41% and total cumulative return in cash at $132,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,560/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
9,243 sqft 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: Delia Rodriguez • RE/MAX Land & Homes on the Bay
Mls Name: HAR
Mls Provider:
Mls ID: #53976150
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