2217 Medusa DrPortlandTX78374
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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
Rental property for sale in Portland at 2217 Medusa Dr, Portland, TX, 78374 generates $1,787/mo in rent, after a $1,307/mo payment. Total monthly income is $1,787/mo. Return on cash invested sits at 18.39% in year one, and rental yield is 8.03% on a $267,000 entry. Equity gained on principal adds $1,723/yr, while 5% annual appreciation builds toward $73,767 over five years. Five-year ROI reaches 95.97% and total cumulative return in cash sums $84,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,787/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 2024
5,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78374, Portland, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,017
Single Family
5,712
Multi-Family
2,305
Businesses
536
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