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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Port Lavaca at 118 W Mahan St, Port Lavaca, TX, 77979 at $185,000 posts ROI 38.2% with $935/mo cash flow from $2,250/mo rent. Total monthly income equals $2,250/mo, and annual cash flow records $11,219/yr on $61,328 to close. Return on cash invested measures 38.2% and rental yield reads 14.59% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 202.15% and total cumulative return in cash totals $123,975.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,250/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
10,402 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77979, Port Lavaca, TX area.
| 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 |
Residential
6,993
Single Family
6,417
Multi-Family
576
Businesses
738
Date | Event | Price |
|---|---|---|
| 2024-07-10 | Price change | $185,000 |
| 2024-06-06 | Price change | $192,500 |
| 2024-05-17 | Price change | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $2121.53 | 38.79% | $98,980 | 52.56% |
| 2022-08-13 | $1528.64 | -3.24% | $64,880 | 3.07% |
| 2021-08-13 | $1579.88 | N/A | $62,950 | 0.99% |
Listed by: Russell Cain • Russell Cain Real Estate
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #544253
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.
