1308 E Park AveVictoriaTX77901
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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 Victoria at 1308 E Park Ave, Victoria, TX, 77901 uses $48,399 cash to close to unlock $4,516/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $1,415/mo, and a $715/mo payment keeps the spread at $376/mo. Purchase price stands at $146,000, and rental yield measures 11.63% with $1,415/mo rent. Return on cash invested shows 29.24% in year one, and 5% annual appreciation builds toward $40,337 over five years. Five-year ROI reaches 154.19% and total cumulative return in cash records $74,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,415/mo property income covering a $715/mo payment rather than investor’s personal income.
Single Family
Built in 1949
8,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77901, Victoria, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,954 (100%) |
| Owner Occupied HU | 8,410 (46.8%) |
| Renter Occupied HU | 7,184 (40.0%) |
| Vacant Housing Units | 2,360 (13.1%) |
| Median Home Value | $160,476 |
| Average Home Value | $201,718 |
Housing Distribution
Address Breakdown
Residential
16,377
Single Family
13,680
Multi-Family
2,697
Businesses
1,941
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