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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 1379 Fm 2031, Matagorda, TX, 77457 generates $976/mo in rent, after a $1,322/mo payment. Total monthly income is $976/mo. Return on cash invested sits at 7.25% in year one, and rental yield is 4.34% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 36.17% and total cumulative return in cash sums $32,377. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $976/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.32 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: James Davant • Matagorda Realty
Mls Name: HAR
Mls ID: #60895884
