2425 Merriman StPort NechesTX77651
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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 2425 Merriman St, Port Neches, TX, 77651 listed at $750,000 pairs $2,232/mo rent with a $3,671/mo payment. Total monthly income runs $2,232/mo. Return on cash invested measures 4.98% in year one, and rental yield registers 3.57% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 23.96% and total cumulative return in cash totals $59,118. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,232/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
4.62 Acres 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: Dayna Simmons • Dayna Simmons Real Estate
Mls Name: HAR
Mls ID: #79669469