1256 E Canal DrPt BolivarTX77650
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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 Pt Bolivar at 1256 E Canal Dr, Pt Bolivar, TX, 77650 uses $119,174 cash to close to unlock $3,877/yr annual cash flow and $323/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $1,760/mo payment keeps the spread at $323/mo. Purchase price stands at $359,500, and rental yield measures 9.61% with $2,880/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $99,323 over five years. Five-year ROI reaches 121.53% and total cumulative return in cash records $144,836. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $1,760/mo payment rather than investor’s personal income.
Single Family
Built in 1987
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77650, Port Bolivar, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,494 (100%) |
| Owner Occupied HU | 1,061 (30.4%) |
| Renter Occupied HU | 178 ( 5.1%) |
| Vacant Housing Units | 2,255 (64.5%) |
| Median Home Value | $428,038 |
| Average Home Value | $474,239 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
124
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Listed by: Lucy Nguyen • Newhall Realty, LLC
Mls Name: HAR
Mls ID: #62450406