








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 1906 W Dolphin Cir, Portland, TX, 78374 uses $79,560 cash to close to unlock $16,586/yr annual cash flow and $1,382/mo monthly cash flow. Total monthly income runs $3,196/mo, and a $1,175/mo payment keeps the spread at $1,382/mo. Purchase price stands at $240,000, and rental yield measures 15.98% with $3,196/mo rent. Return on cash invested shows 40.76% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 216.47% and total cumulative return in cash records $172,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,196/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1977
10,120 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 |
|---|---|---|
| 2024-07-23 | Listed for sale | $240,000 |
| 2019-06-07 | Listing removed | $169,900 |
| 2019-06-07 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $5265.10 | -3.90% | $234,735 | 1.53% |
| 2022-08-16 | $5478.54 | 22.68% | $231,198 | 25.41% |
| 2021-08-16 | $4465.88 | 11.18% | $184,357 | 11.09% |



Listed by: Janet Brown • KW Coastal Bend - Island
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #444792
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 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.