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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% |
Investment property for sale in Port Lavaca at 1437 N Ocean Dr, Port Lavaca, TX, 77979 with 5% annual appreciation on a $449,900 basis while $2,191/mo rent supports operations. 8% in year one. Equity gained on principal adds $2,903/yr, and five-year appreciation sums $124,299 alongside rental yield of 5.84%. Five-year ROI measures 60.55% and total cumulative return in cash totals $90,298. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,191/mo property income versus a $2,202/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77979, Port Lavaca, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,582 (100%) |
| Owner Occupied HU | 4,338 (57.2%) |
| Renter Occupied HU | 1,774 (23.4%) |
| Vacant Housing Units | 1,470 (19.4%) |
| Median Home Value | $157,511 |
| Average Home Value | $203,426 |
Residential
6,993
Single Family
6,417
Multi-Family
576
Businesses
738
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Price change | $449,900 |
| 2024-07-16 | Price change | $479,900 |
| 2024-06-18 | Listed for sale | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $2845.03 | 328.71% | $333,890 | 51.07% |
| 2022-08-13 | $663.63 | -0.06% | $221,020 | 3.27% |
| 2021-08-13 | $664.02 | N/A | $214,013 | 10.00% |
Listed by: James Zaplac • Coldwell Banker D'Ann Harper
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #444946
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
