1406 23rd StPort BolivarTX77650
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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
Rental property for sale in Port Bolivar at 1406 23rd St, Port Bolivar, TX, 77650 generates $3,832/mo in rent and, after a $2,349/mo payment, leaves $419/mo in cash flow. Total monthly income is $3,832/mo, and annual cash flow is $5,031/yr on $159,087 invested. Return on cash invested sits at 23.07% in year one, and rental yield is 9.58% on a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 121.03% and total cumulative return in cash sums $192,537. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,832/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77650, Port Bolivar, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,494 (100%) |
| Owner Occupied HU | 1,061 (30.4%) |
| Renter Occupied HU | 178 ( 5.1%) |
| Vacant Housing Units | 2,255 (64.5%) |
| Median Home Value | $428,038 |
| Average Home Value | $474,239 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
124
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Listed by: Michael Murdock • Exit Realty Pro
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25001711
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.