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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% |
Rental property for sale in Matagorda at 131 Boat Slip Rd, Matagorda, TX, 77457 offers $2,038/mo rent that, after a $2,007/mo payment. Total monthly income is $2,038/mo. Return on cash invested measures 12.16% in year one, and rental yield stands at 5.96% at a $410,000 entry. Equity gained on principal adds $2,646/yr while 5% annual appreciation compounds into $113,275 by year five. Five-year ROI records 62.52% and total cumulative return in cash reaches $84,971. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,038/mo property income versus a $2,007/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
1,685 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77457, Matagorda, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 868 (100%) |
| Owner Occupied HU | 232 (26.7%) |
| Renter Occupied HU | 36 ( 4.1%) |
| Vacant Housing Units | 600 (69.1%) |
| Median Home Value | $352,632 |
| Average Home Value | $390,334 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Price change | $410,000 |
| 2024-05-17 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jody Cassady • Full Stringer Realty
Mls Name: HAR
Mls Provider:
Mls ID: #65448363
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