1508 S Virginia StPort LavacaTX77979
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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 Port Lavaca at 1508 S Virginia St, Port Lavaca, TX, 77979 at $449,500 posts ROI 12.29% with from $2,250/mo rent. Total monthly income equals $2,250/mo. Return on cash invested measures 12.29% and rental yield reads 6.01% at the current $449,500. Equity gained on principal adds $2,901/yr, and 5% annual appreciation supports $124,189 by year five. Five-year ROI prints 63.19% and total cumulative return in cash totals $94,157. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,250/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77979, Port Lavaca, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,993
Single Family
6,417
Multi-Family
576
Businesses
738
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Listed by: Russell Cain • Russell Cain Real Estate
Mls Name: Central Texas MLS
Mls ID: #518613