2229 Patricia LnPort NechesTX77651
Nearby investment properties with comparable rents
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 Neches at 2229 Patricia Ln, Port Neches, TX, 77651 earns $122/mo cash flow from $2,248/mo rent with a $1,463/mo payment. Total monthly income totals $2,248/mo, and annual cash flow totals $1,467/yr on $99,119 capital. ROI tracks 21.39% on current figures, and rental yield reads 9.02% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 112.02% and total cumulative return in cash sums $111,034. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,248/mo property income instead of your personal income.
Single Family
Built in N/A
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77651, Port Neches, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,929 (100%) |
| Owner Occupied HU | 4,017 (67.8%) |
| Renter Occupied HU | 1,258 (21.2%) |
| Vacant Housing Units | 654 (11.0%) |
| Median Home Value | $251,442 |
| Average Home Value | $267,028 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,035
Multi-Family
432
Businesses
367
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Listed by: Jon Carona • Advantage Real Estate -- 566636
Mls Name: BBOR
Mls ID: #263455