1212 Starlite DrPortlandTX78374
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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 1212 Starlite Dr, Portland, TX, 78374 at $213,900 posts ROI 19.87% with from $1,519/mo rent. Total monthly income equals $1,519/mo. Return on cash invested measures 19.87% and rental yield reads 8.52% at the current $213,900. Equity gained on principal adds $1,380/yr, and 5% annual appreciation supports $59,097 by year five. Five-year ROI prints 103.85% and total cumulative return in cash totals $73,636. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,519/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
6,300 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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