2322 4th StPort 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 2322 4th St, Port Neches, TX, 77651 uses $62,322 cash to close to unlock $8,745/yr annual cash flow and $729/mo monthly cash flow. Total monthly income runs $2,089/mo, and a $920/mo payment keeps the spread at $729/mo. Purchase price stands at $188,000, and rental yield measures 13.33% with $2,089/mo rent. Return on cash invested shows 33.94% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 179.47% and total cumulative return in cash records $111,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,089/mo property income covering a $920/mo payment rather than investor’s personal income.
Single Family
Built in N/A
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Skylar Webster • Connect Realty
Mls Name: BBOR
Mls Provider:
Mls ID: #254191
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.