2241 4th StPort ArthurTX77640
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 Arthur at 2241 4th St, Port Arthur, TX, 77640 uses $66,300 cash to close to unlock $20/yr annual cash flow and $2/mo monthly cash flow. Total monthly income runs $1,424/mo, and a $979/mo payment keeps the spread at $2/mo. Purchase price stands at $200,000, and rental yield measures 8.54% with $1,424/mo rent. Return on cash invested shows 19.94% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 104.23% and total cumulative return in cash records $69,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,424/mo property income covering a $979/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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Smith • LPT Realty, LLC
Mls Name: BBOR
Mls Provider:
Mls ID: #258965
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.