2323 7th AvePort ArthurTX77642
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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 2323 7th Ave, Port Arthur, TX, 77642 generates $1,409/mo in rent and, after a $832/mo payment, leaves $200/mo in cash flow. Total monthly income is $1,409/mo, and annual cash flow is $2,405/yr on $56,322 invested. Return on cash invested sits at 24.18% in year one, and rental yield is 9.95% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 126.99% and total cumulative return in cash sums $71,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,409/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77642, Port Arthur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,075 (100%) |
| Owner Occupied HU | 7,334 (45.6%) |
| Renter Occupied HU | 6,763 (42.1%) |
| Vacant Housing Units | 1,978 (12.3%) |
| Median Home Value | $124,734 |
| Average Home Value | $205,129 |
Housing Distribution
Address Breakdown
Residential
15,303
Single Family
10,982
Multi-Family
4,321
Businesses
920
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Listed by: Yesenia Ochoa • Connect Realty -- 573369
Mls Name: BBOR
Mls ID: #262602