2229 Thomas BlvdPort 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
Investment property for sale in Port Arthur at 2229 Thomas Blvd, Port Arthur, TX, 77640 uses $43,095 cash to close to unlock $946/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $1,003/mo, and a $636/mo payment keeps the spread at $79/mo. Purchase price stands at $130,000, and rental yield measures 9.26% with $1,003/mo rent. Return on cash invested shows 22.1% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 115.82% and total cumulative return in cash records $49,911. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,003/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,969 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: Adam LeDoux • Real Broker, LLC
Mls Name: BBOR
Mls Provider:
Mls ID: #257835
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.