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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Port Lavaca at 2219 Larry Dr, Port Lavaca, TX, 77979 priced at $225,000 pairs $3,004/mo rent with $1,404/mo cash flow after a $1,101/mo payment. Total monthly income equals $3,004/mo, and annual cash flow comes to $16,851/yr on $74,588 invested. Return on cash invested is 42.5% in year one, and rental yield stands at 16.02% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 225.25% and total cumulative return in cash reaches $168,009. For financing, Ziffy Mortgage’s DSCR program evaluates $3,004/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
10,201 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77979, Port Lavaca, TX area.
| 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 |
Residential
6,993
Single Family
6,417
Multi-Family
576
Businesses
738
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Listed for sale | $225,000 |
| 2024-08-07 | Contingent | $225,000 |
| 2024-07-30 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2435.21 | -15.63% | $183,267 | 10.00% |
| 2022-08-30 | $2886.29 | 4.19% | $166,606 | 14.22% |
| 2021-08-30 | $2770.33 | N/A | $145,860 | 4.59% |
Listed by: Brandi Jackson • Cornerstone Properties
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #552311
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 Central Texas MLS, All Rights Reserved.
