1300 S Southport DrPt MansfieldTX78598
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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 Mansfield at 1300 S Southport Dr, Pt Mansfield, TX, 78598 listed at $650,000 pairs $3,553/mo rent with a $3,181/mo payment. Total monthly income runs $3,553/mo. Return on cash invested measures 14.06% in year one, and rental yield registers 6.56% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 72.69% and total cumulative return in cash totals $155,438. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,553/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
6,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78598, Port Mansfield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 411 (100%) |
| Owner Occupied HU | 138 (33.6%) |
| Renter Occupied HU | 21 ( 5.1%) |
| Vacant Housing Units | 252 (61.3%) |
| Median Home Value | $85,000 |
| Average Home Value | $147,156 |
Housing Distribution
Address Breakdown
Residential
302
Single Family
2
Multi-Family
300
Businesses
0
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Listed by: Thomas Rains • MARKET PLACE REALTY
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29721533
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.