1453 Moore AvePortlandTX78374
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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 Portland at 1453 Moore Ave, Portland, TX, 78374 uses $73,759 cash to close to unlock $5,414/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $2,500/mo, and a $1,089/mo payment keeps the spread at $451/mo. Purchase price stands at $222,500, and rental yield measures 13.48% with $2,500/mo rent. Return on cash invested shows 27.25% in year one, and 5% annual appreciation builds toward $61,473 over five years. Five-year ROI reaches 146.23% and total cumulative return in cash records $107,860. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,500/mo property income covering a $1,089/mo payment rather than investor’s personal income.
Condo
Built in 1980
4,748 sqft lot
$N/A/sqft
$365 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78374, Portland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,093 (100%) |
| Owner Occupied HU | 4,883 (53.7%) |
| Renter Occupied HU | 2,838 (31.2%) |
| Vacant Housing Units | 1,372 (15.1%) |
| Median Home Value | $233,059 |
| Average Home Value | $265,830 |
Housing Distribution
Address Breakdown
Residential
8,017
Single Family
5,712
Multi-Family
2,305
Businesses
536
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