Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Portland at 1502 Denver St, Portland, TX, 78374 offers a 10.5% rental yield on a $197,000 purchase with $1,724/mo rent. Total monthly income registers $1,724/mo, and a $964/mo payment leaves $285/mo available for distribution. Annual cash flow reaches $3,417/yr on $65,306 to close, and return on cash invested stands at 25.14% in year one. Equity gained on principal adds $1,271/yr while 5% annual appreciation supports $54,427 over five years. Portfolio math shows five-year ROI at 132.36% and total cumulative return in cash at $86,438. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,724/mo property income against a $964/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
6,180 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78374, Portland, TX area.
| 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 |
Residential
8,017
Single Family
5,712
Multi-Family
2,305
Businesses
536
Date | Event | Price |
|---|---|---|
| 2025-01-16 | Price change | $197,000 |
| 2024-12-17 | Listed for sale | $202,000 |
| 2018-08-20 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $3733.57 | 0.58% | $167,814 | 1.41% |
| 2023-02-12 | $3711.89 | 5.50% | $165,488 | 11.46% |
| 2022-02-12 | $3518.36 | 26.71% | $148,477 | 29.53% |
Listed by: Donna Pancoast • Blue Wave Realty
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #451985
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-12 01:38:42 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.
