218 Burnet StPort LavacaTX77979
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Nearby investment properties with comparable prices
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 218 Burnet St, Port Lavaca, TX, 77979 earns $551/mo cash flow from $2,030/mo rent with a $1,018/mo payment. Total monthly income totals $2,030/mo, and annual cash flow totals $6,614/yr on $68,919 capital. ROI tracks 29.51% on current figures, and rental yield reads 11.72% at a $207,900 purchase. Equity gained on principal adds $1,342/yr, and 5% annual appreciation supports $57,439 over five years. Five-year ROI reaches 155.58% and total cumulative return in cash sums $107,224. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,030/mo property income instead of your personal income.
Single Family
Built in 1956
8,058 sqft 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: Dallas Franklin • RE/MAX Land & Homes on the Bay
Mls Name: HAR
Mls ID: #49649317