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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 Palacios at 148 Jensen Point Dr, Palacios, TX, 77465 priced at $240,000 pairs $810/mo rent with after a $1,175/mo payment. Total monthly income equals $810/mo. Return on cash invested is 6.38% in year one, and rental yield stands at 4.05% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 31.48% and total cumulative return in cash reaches $25,046. For financing, Ziffy Mortgage’s DSCR program evaluates $810/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77465, Palacios, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 2,318 (55.5%) |
| Renter Occupied HU | 692 (16.6%) |
| Vacant Housing Units | 1,167 (27.9%) |
| Median Home Value | $223,515 |
| Average Home Value | $225,985 |
Residential
3,080
Single Family
3,018
Multi-Family
62
Businesses
254
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Price change | $240,000 |
| 2024-09-26 | Price change | $245,000 |
| 2024-07-31 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $174,000 | N/A |
| 2023-12-27 | $2895.12 | -13.71% | $174,000 | 4.73% |
| 2022-12-27 | $3355.17 | 4.54% | $166,140 | -0.42% |
Listed by: Glenn Monday • Texas Coastal Properties
Mls Name: Matagorda County BOR
Mls ID: #778132
Disclaimer: Copyright Matagorda County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
