








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 1620 Cheyenne St, Portland, TX, 78374 uses $70,278 cash to close to unlock $6,829/yr annual cash flow and $569/mo monthly cash flow. Total monthly income runs $2,077/mo, and a $1,038/mo payment keeps the spread at $569/mo. Purchase price stands at $212,000, and rental yield measures 11.76% with $2,077/mo rent. Return on cash invested shows 29.63% in year one, and 5% annual appreciation builds toward $58,572 over five years. Five-year ROI reaches 156.23% and total cumulative return in cash records $109,795. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,077/mo property income covering a $1,038/mo payment rather than investor’s personal income.
Single Family
Built in 1977
7,035 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ron Lilley • TruStar Real Estate
Mls Name: South Texas MLS
Mls ID: #468792