2228 Cashmere DrPort ArthurTX77640
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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 Port Arthur at 2228 Cashmere Dr, Port Arthur, TX, 77640 priced at $122,900 converts $941/mo rent into $67/mo cash flow after a $602/mo obligation. Total monthly income equals $941/mo, and annual cash flow totals $799/yr on $40,741 invested. Return on cash invested prints 21.87% in year one, and rental yield reads 9.19% against a $122,900 entry. Equity gained on principal adds $793/yr, while 5% annual appreciation compiles into $33,955 by year five. Five-year ROI reaches 114.62% and total cumulative return in cash sums $46,698. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $941/mo property income covering a $602/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,080 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77640, Port Arthur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,162 (100%) |
| Owner Occupied HU | 4,310 (52.8%) |
| Renter Occupied HU | 2,321 (28.4%) |
| Vacant Housing Units | 1,531 (18.8%) |
| Median Home Value | $153,925 |
| Average Home Value | $173,727 |
Housing Distribution
Address Breakdown
Residential
7,457
Single Family
6,662
Multi-Family
795
Businesses
582
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Listed by: Delores Richard • Dee Richard Real Estate, LLC
Mls Name: BBOR
Mls Provider:
Mls ID: #255493
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.