1401 Ordway StPort NechesTX77651
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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 Port Neches at 1401 Ordway St, Port Neches, TX, 77651 uses $62,654 cash to close to unlock $3,205/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $1,611/mo, and a $925/mo payment keeps the spread at $267/mo. Purchase price stands at $189,000, and rental yield measures 10.23% with $1,611/mo rent. Return on cash invested shows 25.02% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 131.56% and total cumulative return in cash records $82,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,611/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77651, Port Neches, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,929 (100%) |
| Owner Occupied HU | 4,017 (67.8%) |
| Renter Occupied HU | 1,258 (21.2%) |
| Vacant Housing Units | 654 (11.0%) |
| Median Home Value | $251,442 |
| Average Home Value | $267,028 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,035
Multi-Family
432
Businesses
367
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Listed by: Sherry Phillips • JLA Realty
Mls Name: HAR
Mls ID: #61877146